Gado prices continue to rise; check current prices per pound

The physical market for cattle is once again experiencing higher prices this Wednesday (6th), as has been the trend in August. According to Safras & Mercado analyst Fernando Henrique Iglesias, the business environment still indicates potential for further price adjustments in the short term, especially for smaller slaughterhouses. ‘It is important to mention the expectation of increased consumption during the first half of the month, with Father’s Day playing a significant role in stimulating supply chain replenishment,’ he says. Another aspect to consider is that, despite the challenges related to tariffs, meat exportations are anticipated to reach record numbers this season. Average price per pound for cattle: São Paulo: $60.94 — yesterday: $60.13 Goiás: $57.77 — $57.10 Minas Gerais: $58.80 — $58.21 Mato Grosso do Sul: $61.23 — $60.29 Mato Grosso: $59.92 — $59.71 Wholesale market: The wholesale market saw slightly higher prices this Wednesday. Iglesias states that the business environment suggests that this trend will continue in the short term.