
Cattle prices in São Paulo reached R$395 per arroba, with R$390 in Dourados (MS) and R$385 in Goiânia (GO), supported by short slaughter schedules of five to six business days. The average export price rose 23.8% in November to US$6,818.90 per tonne, and USDA raised its forecast for US beef imports to 2.92 million tonnes.
Daily chicken exports rose 48.2% in early November.
Tight supply of finished cattle and higher export values keep Brazilian beef prices historically elevated, while the USDA import revision signals firm US demand for imported beef. Higher cattle costs raise the cost of finishing and feeding for livestock producers.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.