Tight supply limits Brazil cattle slaughter - Cepea
Meatpackers hold back trades amid low liquidityThe supply of beef cattle for slaughter remained tight through late April, limiting activity in the market despite steady demand, according to a recent market report from Cepea.
Industry players reported low liquidity, with many meatpackers stepping back from closing trades and pushing prices down at month’s end.
Wholesale beef markets reflected a mixed picture. While overall prices fell slightly in late April, the monthly average showed gains across several cuts. Forequarter prices rose 6.9%, thin flank jumped 7.3%, and hindquarter values edged up 0.9%. Overall, beef prices increased by 3.6% over the month.
Market analysts attribute the restrained supply to limited cattle availability, which continues to constrain slaughter rates and influence pricing trends.