It resists high consumer of flesh

In the face of higher prices of beef, the domestic consumption of the product should not grow in Brazil this year, Dutch Bank Rabobank's report points out. In the assessment of the institution, the consumer has "seems to resist to the high prices of beef", especially when compared to the price of competing meats-chicken and swine. According to Rabobank, the high price of beef reflected the more restricted supply of cattle for slaughter in the country and strong external demand. To show the lowest offer, the bank cites the Brazilian Institute of geography and statistics (IBGE), which pointed out that the slaughtering of cattle in the second quarter of the year fell for the first time after ten consecutive quarters, compared to the previous year.
For the next few months, the Rabobank evaluates which is limited space high beef prices on the consumer resistance in the domestic market. In addition, the Bank's expectation is of a record volume of oxen from the intensive fattening system-so-called feedlots.
Even if consumers resist the high meat, raw material follows in high. Yesterday, the Esalq/BM & FBovespa for oxen in the State of São Paulo-main price reference-totaled r $ 136,04 per arroba. This is the highest level in real terms since 1994, when the Center for advanced studies in applied economics (Cepea) started the historical series. This year to date, the oxen already climbed 18.5 percent in the State, according to the same indicator. Not for nothing, the meat was one of the main items of the IPCA.