en.Wedoany.com Reported - Fattened cattle prices rose in eight Brazilian states this Wednesday (June 11), a trend observed in 17 markets monitored by Agrifatto, involving the states of São Paulo, Bahia, Goiás, Minas Gerais, Mato Grosso do Sul, Mato Grosso, Paraná, and Santa Catarina.

Agrifatto reported that in São Paulo, cattle supplied to the local market were quoted at 350 reais per arroba, while "China cattle" (forward prices) rose to 360 reais per arroba. Prices remained stable in other regions (Acre, Alagoas, Espírito Santo, Maranhão, Pará, Rio de Janeiro, Rondônia, Rio Grande do Sul, and Tocantins).

Scot Consultoria, which tracks transactions in over 30 markets, also noted price increases for the arroba in some regions. In São Paulo, for example, non-export standard fattened cattle rose by 1 real per arroba in a single day, closing at 350 reais per arroba. According to Scot Consultoria data, other categories remained stable in the São Paulo market: "China cattle" quoted at 355 reais per arroba, fattened cows at 320 reais per arroba, and fattened heifers at 332 reais per arroba.

What factors support the rise in fattened cattle prices? Scot's analysts believe buyers remain cautious, mainly due to concerns about external beef demand. Scot stated that the phased supply of cattle within pastures provided support for prices. Agrifatto's analysts confirmed that negotiations for fattened cattle are slow in Brazil's main markets, with "limited sales and fragmented batches." Agrifatto noted: "Uncertainties related to exports are putting pressure on the market, especially as China's import quotas may be exhausted by late June/early July." However, the consultancy continues to emphasize that external sales of fresh beef remain strong.

In the fattened cattle futures market, B3 exchange contracts fell for the third consecutive trading day on Wednesday (June 10). Contracts maturing in July 2026 closed at 335.85 reais per arroba, down 1.18% from the previous day's close.

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