Firm market for live cattle

Of the thirty-two squares surveyed by Scot Consultoria, there were increases in fourteen and drops in four last Thursday (24/8). The low supply of finished cattle is the main driver of the recovery in prices. In São Paulo, spot prices rose. The price of the finished male was quoted at R$138.50, cash, free of Funrural, an adjustment of 11.7% since the beginning of the month.

 

In the wholesale bone-in beef market, prices were stable. With the increase in cattle prices in the last fortnight, the slaughterhouses' sales margin fell and returned to levels close to the historical average.

Source: Agrolink

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