Index for fed cattle is 55 pct higher this year

Brazilian livestock sector kept marked by the lower supply and increasing prices in June. Between May 30th and June 30th, the ESALQ/BM&F Index for the fed cattle (Sao Paulo state) upped 10.8 percent in Real, closing at 93.95 reals or 58.83 dollars per arroba (15 kilos) on Jun 30th. Compared to the same period of one year ago, the Index is 55.4 percent superior (in Real). In the beef wholesale market of Sao Paulo capital, quotations also moved up. The steer carcass averaged 5.26 reals or 3.29 dollars per kilo on Jun 30th, increasing 1.3 percent in Real over May 30th.

For the living hog, prices received by farmers averaged 3.16 reals or 1.97 dollar per kilo on June 30th in Sao Paulo state, increasing 2.05 percent in Real over May 30th. In the wholesale market of Sao Paulo capital, the hog carcass upped 2.44 percent in Real during the same period, at 4.44 reals or 2.77 dollars per kilo on Jun 30th.

Likewise, in the poultry market, prices moved up. The frozen meat prices increased 4.81 percent in Real between May 30th and Jun 30th, at 2.89 reals or 1.81 dollar per kilo on Monday; for the chilled one, the raise was of 3.2 percent in Real, at 2.68 reals or 1.67 dollar per kilo, both in the wholesale market of Sao Paulo capital - the most important Brazilian consumer reference. (Cepea - Brazil)

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