Second week of declines in fat cattle prices

The usual increase in domestic demand following early-month salary payments was not enough to reverse the downward trend in slaughter cattle prices. The fat male (boi gordo) fell for the second consecutive week. According to consultancy firm Scot, the average price in the main cattle-producing states — for 30-day payment and excluding the Funrural tax — dropped R$ 3.2 during the week to R$/@ 297.2; compared to two weeks ago, the decline totals R$ 6.6.