Calf values double in 18 months

Even with the cold weather, Brazilian calf prices kept moving up during the first fortnight of July, supported by the low supply. The ESALQ/BM&F Index (Mato Grosso do Sul state) has been showing consecutive raises since January 2007. In the accumulated of this period, calf values doubled in Real, from 375.00 reals or 175.40 dollars to 754.79 reals or 475.31 dollars.

According to market agents contacted on a daily basis by Cepea, animals from feedlots should appear with more intensity only in August.

Even though, the ESALQ/BM&F Index for feed cattle (Sao Paulo state) decreased slight 0.44 percent in the accumulated of July, closing at 93.54 reals or 58.91 dollars per arroba (15 kilos) on Jul 15th.

Sao Paulo's slaughterhouses have purchased some animals from Mato Grosso do Sul state, increasing plant entries. Besides that, the lack of rain in some regions has been damaging the pasture conditions. In this context, some cattle growers offered some lots last days. It is also important to consider that the steer carcass prices decreased 5.3 percent in Real in the wholesale market of Sao Paulo city, at 5.27 reals or 3.31 dollars per kilo this Tuesday, Jul 15th.

For the living hog, prices received by farmers averaged 3.50 reals or 2.20 dollars per kilo on July 15th in Sao Paulo state, increasing 10 percent in Real over June 30th. In the wholesale market of Sao Paulo capital, the hog carcass upped 7.43 percent in Real during the same period, at 4.77 reals or 3.00 dollars per kilo on Jul 15th.

Likewise, in the poultry market, prices moved up. The frozen meat prices increased 5.54 percent in Real between Jun 30th and Jul 15th, at 3.05 reals or 1.92 dollar per kilo on Tuesday; for the chilled one, the raise was of 10.45 percent in Real, at 2.96 reals or 1.86 dollar per kilo, both in the wholesale market of Sao Paulo capital - the most important Brazilian consumer reference. (Cepea - Brazil)

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