The pace of business remains slow in the livestock market, from replacement to wholesale. Supply in all segments is reduced, but weakened retail consumption does not allow arroba prices to increase.
According to Cepea employees, for replacement, despite the recent rains, many pastures are not yet fully recovered, which also puts pressure on calf values. Between October 25th and November 1st, the ESALQ/BM&FBovespa Calf Indicator (MS) fell 1.8%, closing at R$ 1,232.20 on Tuesday, 1s. The ESALQ/BM&FBovespa cattle indicator closed at R$ 150.03, a drop of 1% in seven days.
Source: Cepea/Esalq
