Animals from feedlot press cattle prices down

Brazilian fed cattle prices moved down in the first fortnight of September, pressed by the slight increase in supply of animals from feedlot. In the accumulated of this month (until Sept 15th), the ESALQ/BM&F Index (Sao Paulo state) dropped 2.8 percent in Real, closing at 87.84 reals or 48.42 dollars per arroba (15 kilos) on Monday, Sept 15th. In general terms, the supply is still considered low and plant entries remain short.

In the wholesale market of Sao Paulo city, the steer carcass devaluated 3.3 percent in Real during the first fortnight, at 5.32 reals or 2.94 dollars per kilo on Sept 15th.

For calf, the ESALQ/BM&F Index (Mato Grosso do Sul state) downed 1.6 percent in Real, averaging 724.77 reals or 399.54 dollars on Sept 15th. The dry weather has been limiting the demand for calf.

On the other hand, in the living hog market, prices moved up. The values received by farmers averaged 3.29 reals or 1.82 dollar per kilo on Sept 15th in Sao Paulo state, increasing 1.54 percent in Real over Aug 29th. In the wholesale market of Sao Paulo capital, the hog carcass valuated 2.4 percent in Real during the same period, at 4.73 reals or 2.61 dollars per kilo on Sept 15th.

In the poultry market, the frozen meat valuated 1.24 percent in Real between Aug 29th and Sept 15th, at 3.27 reals or 1.81 dollar per kilo on Sept 15th; for the chilled one, values remained stable, at 2.98 reals or 1.65 dollar per kilo, both in the wholesale market of Sao Paulo capital - the most important Brazilian consumer reference. (Cepea - Brazil)

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