Firm cattle prices even with the cold weather

Brazilian cattle prices kept firm in May, supported by the restrict supply. The weather also did not change the market behavior - slaughterhouses bet on a higher available volume due to the lower temperatures that can damage pastures conditions. The ESALQ/BM&F Index (Sao Paulo state) closed at 55.46 reals or 28.88 dollars per arroba (15 kilos) this Thursday, May 31st, up 0.45 percent in Real over April 30th. In the wholesale market of Sao Paulo city, prices also moved up. The steer carcass increased 6.41 percent in Real during May, averaging 3.32 reals or 1.73 dollar per kilo this Thursday.

For the living hog, prices received by farmers averaged 1.69 real or 0.88 dollar per kilo on May 31st in Sao Paulo state, dropping 0.6 percent in Real over April 30th. In the wholesale market of Sao Paulo capital, the hog carcass devaluated 0.72 percent in Real, at 2.74 reals 1.43 dollar per kilo.

Regarding the poultry sector, the frozen poultry meat, prices kept stable in the same period, at 2.47 reals 1.27 dollar per kilo on May 31st; the chilled one upped 0.5 percent in Real, at 2.12 reals or 1.09 dollar per kilo this Thursday, both in the wholesale market of Sao Paulo capital.

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