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Brazilian beef (boi gordo) prices hold steady amid mixed market signals
In July 2026 Brazil's cattle market saw the arroba of boi gordo hover around R$330–R$350 per unit. Prices recovered in some regional markets such as Feira de Santana, reaching R$330 after a brief dip, while other zones like Araçatuba and Barretos recorded stable levels near R$348–R$350. Analysts from Cepea and Scot Consultoria noted that limited domestic demand and short slaughter‑scale cycles are restraining further price gains despite a tight supply of finished cattle.
Pork prices gained ground against chicken, narrowing the gap to R$1.58 kg above frozen chicken, but the spread with beef widened, indicating pork is losing competitiveness to beef. Overall, both pork and beef cuts became cheaper in July, with the price of pork and beef cuts falling compared with June, while chicken remained stable. The future premium for October‑delivery boi gordo contracts fell sharply, dropping from about R$30 to roughly R$10 per arroba, reflecting a convergence of the physical and futures markets. Market observers expect a gradual recovery, driven by export demand and anticipated credit‑card spending, but price movements remain volatile and closely tied to slaughter‑scale decisions and domestic purchasing power.
Entities
APAS (Associação Brasileira de Produtos Agropecuários) · Aprosoja Brasil · Brazil · Brazilian cattle (boi gordo) · Brazilian livestock market · Cepea · Cepea (Centro de Estudos Avançados em Economia Aplicada) · Cepea (Centro de Pesquisa de Economia Agropecuária) · Cooperfeira · Fabrício Rosa · Feira de Santana · Rogério Ferrari
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Pork carcass price was R$1.58 per kilogram above chicken, narrowing the gap by 7.84% from June. www.3tres3.com · www.cnnbrasil.com.br
- [○ 1 SOURCE] The storage deficit forces soy producers to sell quickly after harvest, often at lower prices.
- [○ 1 SOURCE] Soybean price at the Port of Santos was R$148 per 60‑kg sack, and at Paranaguá R$147.
- [○ 1 SOURCE] Brazil’s grain storage deficit exceeds 130 million tonnes.
- [○ 1 SOURCE] Calf (bezerro) price averaged R$467.1 per arroba in July.
- [DISPUTED] The arroba of beef in Feira de Santana closed July at R$330. www.acordacidade.com.br
- [● 2 SOURCES] Beef arroba prices remained firm nationwide but domestic demand limited further increases. afnews.com.br · globorural.globo.com
- [● 2 SOURCES] Pork lost competitiveness to beef, with the price difference to beef carcasses narrowing to R$5.17 per kilogram. www.3tres3.com · www.cnnbrasil.com.br
- [● 2 SOURCES] Nationwide beef arroba prices were stable in July, with modest rises in regions such as Araçatuba and Barretos where it reached R$348 per arroba. beefpoint.com.br · globorural.globo.com
- [○ 1 SOURCE] The futures premium (agio) for October 2026 beef fell from about R$30 per arroba in mid‑July to roughly R$10 per arroba by the end of July. farmnews.com.br
- [○ 1 SOURCE] Both pork and beef prices were lower in July compared with June. www.cnnbrasil.com.br
- [DISPUTED] The beef arroba price in Feira de Santana closed July at R$330 per arroba. www.acordacidade.com.br