Live cattle prices fell almost 3% in January, and pressure continues | Ox

Live cattle prices fell almost 3% in January, and pressure continues | Ox
Live cattle prices fell almost 3% in January, and pressure continues | Ox
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The price of live cattle fell almost 3% throughout January, to R$245 per arroba, according to the indicator from the Center for Advanced Studies in Applied Economics (Cepea), from Esalq/USP, based on businesses in São Paulo.

In a note, the researchers say that the relatively long slaughter schedules have put pressure on arroba prices, especially for animals intended to supply the domestic market.

“In general, the prices offered by slaughterhouses have not pleased producers and are generating some discouragement for replacements”, they consider. There are currently no conditions for livestock farmers to keep animals on pasture or in the trough, due to high costs, so producers are holding back as much as they can.

This Wednesday (31/1), the live cattle market once again recorded more significant drops, according to Agrifatto. The consultancy talks about an arroba in São Paulo at R$ 238.40, a value 1.4% lower than a week ago.

Even in this scenario, slaughter schedules have not progressed and continue to serve around nine working days, on the national average.

Retail sales of meat on the bone and wholesale distributions remain reasonable, according to the consultancy. Although there is a slight slowdown, the company sees signs that the wholesale market promises regular movement throughout the first half of February.

Prices remained stable, and carcasses of castrated and entire cattle were priced at R$16 per kilo and R$15 per kilo, respectively.

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