Downward pressure prevails on Brazil's finished cattle market

The physical market for boi gordo closed last week with declines across most of Brazil, except for São Paulo, which rose 0.71%, averaging R$/@ 307.90, according to Agrifatto. This week, the market opened relatively stable, except for São Paulo, which dropped 0.8%.

On the futures market, contracts closed with positive adjustments, with June 2025 standing out after rising 1.44% on Friday compared to the previous day, reaching R$/@ 310.55.

Domestically, there was a slight pickup in distribution activity and some retailers restocked, although demand remains weak.

Thanks to good pasture availability from out-of-season rains, slaughter schedules remained stable in Brazil, averaging 9 business days. Goiás was the only region to see an increase, gaining one day and closing the week also at 9 days. Conversely, Paraná, Mato Grosso do Sul, São Paulo, and Pará cut one day from their schedules. The other monitored regions maintained levels similar to the previous week, Agrifatto reported.