The pace of business is quite slow in the live cattle market. According to Cepea researchers, although the supply of animals is not significant, the industry has exerted some pressure on prices. In the first half of November, the ESALQ/BM&F Live Cattle Indicator accumulated a low of 1%, closing at R$ 149.17 this Wednesday, the 16th.
In the wholesale bone-in meat market in Greater São Paulo, prices for most cuts rose in the period between October 31st and November 16th. The bovine carcass value increased by 1.5% during the month, at R$ 9.97/kg this Wednesday, the 16th.
Source: Cepea/Esalq
