Brazilian cattle prices keep moving up at this beginning of February, supported by the lower supply. The ESALQ/BM&F Index closed at 26.19 dollars per arroba this Wednesday, rise 2.95 percent over January 31st. The upward trend is not typical for the period.
Cattle futures contracts have been increasing at the Sao Paulo Mercantile Exchange (BM&F) since the beginning of this month. From Thursday, Feb 1st, to this Tuesday, Feb 6, the contract February/07 increased 1.71 percent, to 54.10 reals. For March/07, cattle valuated 1.43 percent, to 53.20 reals. The increase of the futures is related to the lower cattle Brazilian supply at the beginning of this month.
For poultry, the scenario is also positive to growers. Living animal prices have been increasing, to 0.40 dollar per kilo in Campinas (Sao Paulo state) this Wednesday. In the wholesale market of Sao Paulo capital, chilled meat had already upped 11.3 percent (in Real) in the last two weeks, averaging 1.08 dollar per kilo this Wednesday.
Not even the reduction in the Brazilian poultry meat exports limited new increases in the domestic values. According to the Foreign Trade Secretariat (Secex), exports totaled 196.6 thousand tons in January, volume 12.7 percent inferior to the December one.
In the pork market, prices received by farmers for the living animal kept stable last days, at 1.00 dollar this Wednesday in Campinas region (Sao Paulo state).
According to Secex, in January, pork meat exports totaled 33.7 thousand tons, reduce of only 1 percent over the same period of 2006 and of 2.6 percent in relation to Jan/05. Even with the lower exports, the price received by exporters increased. The pork meat averaged 2,024.00 dollars per ton in January, 8 percent superior to the values practiced in the same period of 2006 and 7 percent higher than those from January of 2005.