Beef cattle prices and exports continue to fall
Beef cattle prices are falling in the domestic market. Between April 27 and May 4, the ESALQ / BM&FBovespa indicator fell by 1.7%, closing at R$ 153.15, on Wednesday, May 4. Wholesale meat prices are also falling. In São Paulo carcass prices fell by 1.88%, to R$ 9.77 / kg. This, and poor exports in April, kept slaughterhouses away. After reaching almost 111,000 tons in March, Brazil's exports of fresh beef fell by 22% in April, to 86,600 tons, according to data from Secex.