The physical market for beef cattle continues to have weak prices.
According to Fernando Henrique Iglesias, an analyst at Safras & Mercado Consulting, meatpacking plants are still putting pressure on the market, testing lower prices, especially in the central-north region of the country.
However, the supply of cattle is already starting to become scarce, signaling that it will be more difficult for the industry to continue with this type of strategy.
In the Southeast Region, after two weeks of slower trading flow, with timid supply, there are already indications of some negotiations above the average reference, especially for animals that meet the requirements for export to China.
It is important to highlight that pastures continue to show good conditions amid the large volume of rain in the central-north region of the country in January.
In São Paulo, the capital, the reference for beef per arroba was R$275.
Wholesale beef
Beef prices, on the other hand, remain stable in the wholesale market.
According to Iglesias, the indicators remain poor, with demand weakening throughout the second half of the month, a period naturally marked by a lower appeal for consumption.
In turn, the population remains undercapitalized, a consequence of the traditional expenses at this time of year, such as the purchase of school supplies, property tax, vehicle tax, among others.
The hindquarter was still priced at R$19.80 per kilo.
The forequarter remains at R$14.00 per kilo.
The needle tip remained at R$14.30 per kilo.
Source: Canal Rural