Cepea, July 3 2018 – The irregular attendance of agents in the Brazilian fed cattle market, sometimes active and willing to trade and sometimes retracted, led arroba quotes to oscillate in June in the domestic market. Price rises during the month were mainly linked to trades of batches with special demands, such as larger volumes or animals for beef production to be exported to Europe. However, price drops were more frequent in June, reflecting retracted purchasers, difficulties to sell beef in the wholesale market and longer scales at slaughterhouses, due to the interruption of transportation during truckers’ strike in Brazil, in late May
Fonte: CEPEA
Irregular attendance of agents in the market leads Index to oscillate in June
Redaçãojul 03, 2018
Redação
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