Rising prices for slaughter cattle

A tighter supply and stronger buyer interest —driven by the start-of-month boost in domestic demand and higher export prices— pushed slaughter cattle prices upward this week. Based on data from consulting firm Scot, net of Funrural tax and with 30-day payment terms, the average price for fat male (boi gordo) in the main exporting states rose by R$8/@ to R$299.6/@, the highest level in six weeks, dating back to mid-February.