EN 
PT_BR 
The fed cattle market has recovered in recent weeks, following a period of heightened pressure in July. The Cepea (SP) index closed September trading above R$ 306.80/@, and in the first week of this month, the arroba was quoted at R$ 312. The combined carcass followed suit, keeping the industry spread stable at around 5.6%. Calf prices remain close to R$ 2,850 per head, stable compared to the previous month, but approximately 38% higher compared to a year ago.
In terms of exports, China remains the main destination, providing market support, even with the decline in sales to the United States following the imposition of additional tariffs. Brazil shipped 268,600 tons of fresh beef last month, just 3% below the all-time high but 23.5% above the volume recorded in the same period in 2024. The average export price reached US$$ 5.6K/t, an increase for the fifth consecutive month.
In Mato Grosso, slaughter continues to be robust, with 660,700 head in the latest survey, an increase of 1% over July. Considering weekdays, the daily average was 10% higher, with females accounting for 46%, up from 42% in the same period last year. This increase confirms that cattle supply remains robust in the main producing state.
