Price stability at cottonseed bran (38% PB) in São Paulo

According to the newest report by Supply National Company (Conab), the cottonseed harvest has reached 39,7% of the estimated total area.

According to data gathering from Scot Consultoria, in São Paulo marketplace, the cottonseed meal (38% PB) ton was quoted in R$1.518,87 in average, at the second half of july, without the freight.

At the monthly comparative, the cottonseed meal (38% PB) quote fell 2,7%. Compared to july/22, the input is costing 0,7% more.

The fat cattle arroba, in São Paulo, was traded at R$239,55 in average during july/23, a 0,1% rise when compared with july/22 average, and a 22,4% drop in the twelve month comparison. In august/23 first week, the fat cattle arroba is being negotiated at average of R$225,79, a 5,7% withdraw in the monthly comparison.

Considering the paulistas marketplaces, at the second half of july, there were necessary 6,3 arrobas from fat cattle to buy one ton of the input.

With the cottonseed meal (38% PB) ton price stability, the livestock farmer gained a 2,8% advantage at the exchange relation. However, in the twelve month comparison, the relation is 29,7% worse.

In the short period, it is important to pay attention at the fat cattle’s prices, that may continue pressured, with new downward quotations.

Looking to the cottonseed meal (38% PB), with the cottonseed harvest advancement and a larger offer expectative, the prices may also remain pressured.