Cepea, August 20 2019 – CATTLE – Comparing July to the first fortnight of August, the average prices for the beef traded in the wholesale market of the Greater São Paulo dropped more sharply than fed cattle quotes did. Although exports have been at a fast pace, consumption is still low in Brazil (due to the low purchase power of the population) and inventories at slaughter facilities are high, keeping beef quotes at low levels.
In the first fortnight of August (1 – 15), the ESALQ/B3 Index for fed cattle (cash price, São Paulo State) averaged 153
Fonte: CEPEA
