Second consecutive week of lower slaughter cattle prices

A larger supply of grassfed cattle, triggered by poorer pasture conditions, pushed slaughter cattle prices down last week, giving quotes in reais a second straight weekly decline. The average boi gordo price in the main exporting states, according to Scot Consulting references, net of the Funrural tax and on 30 day payment terms, fell by R$ 6 on the week to R$/@ 304.6, for a cumulative drop of almost R$ 10 over the last two weeks.