Finished cattle prices corrected lower

After five consecutive weeks of recovery, slaughter cattle prices in Brazil moved lower.

The average finished cattle price across Brazil’s main cattle-producing states fell R$ 2.70 during the week to R$ 331.90 per arroba, based on Scot Consultoria’s state-level data, net of the Funrural tax and with payment in 30 days. Therefore, it left behind five consecutive weeks of rising quotes.