Home RECENTES Quotes oscillate in May, but monthly average drops

Quotes oscillate in May, but monthly average drops

Redaçãojun 05, 2018RECENTES0

Cepea, June 5, 2018 – CATTLE – The ESALQ/BM&FBovespa Index for fed cattle (São Paulo State) oscillated in May, but ended up the month with a lower average than that in April, due to higher supply and lower demand for animals. With worse pastures’ conditions, due to the beginning of the dry season, fed cattle availability increased in the Brazilian market. Thus, slaughterhouses ended up extending their slaughter scales, reducing the demand for animals
Fonte: CEPEA