Downward pressure on finished cattle prices increases

Prices for slaughter cattle remained relatively stable over the past week, with some regions still seeing increases (Mato Grosso, Goiás), others stable (São Paulo, Minas Gerais), and others correcting downward (Mato Grosso do Sul) in terms of the reference in Brazilian reals. In São Paulo, the so-called “boi China” price rose, increasing the premium compared to the common steer to R$/@ 8, quoted at R$/@ 330.