The slaughter schedules of several slaughterhouses in São Paulo started the week lined up for next Monday (29), which could generate some competition in the short term for the cattle. This is the view of Radar Investimentos, which, however, saw no relevant changes this April 22nd.
Overall, the picture follows the previous week. Industries managed to keep up with their schedules, some with cattle from other states, and producers were also able to contain their sales momentum, according to Douglas Coelho, partner at Radar.
The arm wrestling at the counter left the São Paulo exchange rate in the range of R$ 157 (seen) to R$ 159.00 combining data from Radar, Scot and FC Stone.
The expectation now, especially from this Tuesday onwards, with the busier business, is what the behavior of the slaughterhouses will be like. If they manage to keep up with the scales, aiming for the first week of May, the arroba could cool down once and for all.
But they are also pressured by the lack of definition of consumption in the domestic market, which has not responded. And they can also put a stop to purchases, forcing further declines.
According to Caio Toledo Godoy, from FC Stone, producers will also enter a moment of greater pressure. The rains should stop from mid-May onwards, temperatures should drop, according to forecasts, and the decision to replace it will be long overdue.
The timing of spawning will become more significant.
Exports
Foreign sales in the first 14 days of the month reached 70.97 thousand tons and revenues of US$ 265.31 million, with a daily average of 5.07 thousand tons, 18.74% less compared to the previous month's average.
However, there was an increase of 51.87% compared to the performance of the same period in 2018. If the pace is maintained, fresh meat exports should exceed 96.3 thousand tons, more than 37% compared to April 2018.
Source: Notícias Agrícolas | Author: Giovanni Lorenzon
