Investment in livestock may be lower this year
The livestock market has shown little interest in new business throughout the chain. With the end of the rainy season, it is time to supplement animals or put them into feedlots, or sell before they lose weight. The positioning of farmers creates doubts as to the supply of animals for slaughter in the short and medium term. In this context, the BM&FBovespa futures have fluctuated a lot in recent days, but they are all above the spot market. In São Paulo state between May 4 and 11, the ESALQ / BM&FBovespa cattle price indicator was stable, at R$ 154.54 on Wednesday, May 11. According to researchers from Cepea, the supply of animals has been well regulated, which prevents significant changes in prices.