Fat cattle market walking sideways. In general, industries managed to increase purchasing volume last week and scales are more comfortable. Meatpackers and livestock farmers, who were out of the market when they returned from the holiday, this Wednesday (3/5) resumed trading and this could generate greater movement in the short term.
Until then, references have not been affected by the greater availability of supply on the market. Thus, price stability was the most observed scenario in most markets surveyed by Scot Consultoria. The wholesale boneless beef market remained stable. The married cattle of castrated animals was quoted at R$9.61/kg. In the short term, with the arrival of salaries and the Mother's Day holiday, meat consumption may increase and provide support for prices.
Source: Agrolink
