The physical market of the fat ox returned to an expressive turnover. According to Safras & Mercado analyst Fernando Henrique Iglesias, the demand for beef during the first half of the month resulted in rising prices in the country.

However, the dynamics may change over the second half, a period with less appeal to consumption. Refrigerators continue to opt for shortened slaughter scales. Meanwhile, the export industry continues to increase idle capacity, awaiting China's return to the market.

Ranchers are well-off and have chosen to negotiate in a safe manner at this time of unpredictability. As for China, it must once again be mentioned that the Brazilian authorities have strictly followed the health protocol. Thus, the resumption of exports depends exclusively on China.

Check the prices of the ox's atc

• São Paulo, Capital: R$ 278,00
• Dourados (MS): R$ 266,00
• Cuiabá: R$ 242,00
• Uberaba, Minas Gerais: R$ 260,00
• Goiânia, Goiás: R$ 250,00

Wholesale market

The wholesale market still offers accommodation at its prices. The short-term trend refers to the lower propensity to adjust from the second half of the month, a period with less appeal to consumption. The situation will be more complicated for the cuts of the beef front, which compete with chicken meat, the most competitive product at the moment.

Rear room of the ox is still priced at R $ 20.30, per kilo. Front room is still quoted at R$ 14.30, per kilo. Needle tip follows the level of R $ 14,50.

Exchange

The commercial dollar ended the session down 0.24%, trading at R$ 5.2560 for sale and R$ 5.2540 for purchase. During the day, the U.S. currency fluctuated between the minimum of R$ 5.2210 and a maximum of R$ 5.2630.

Source: Canal Rural