Supply keeps negative pressure on prices

The domestic meat prices are still pressured in an oversupplied market, as exports have lost strength. The Esalq/BM&F Index for steer has been settled at 48.76 reals or 21.80 dollars per arroba (15 kilos). Prices received by farmers for the living hog have been settled around 0.58 to 0.60 dollar per kilo in São Paulo state. In the wholesale market of São Paulo capital, the frozen poultry meat moves from 0.75 to 0.77 dollar per kilo, and the chilled one, from 0.58 to 0.60 dollar per kilo.

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