Análise do preço da arroba do boi gordo no período de 2016 a 2023

Abstract

The socio-economic environment can affect the price of cattle per pound. In this regard, this study aimed to analyze the relationship between the prices of fat cattle per pound in the physical and future markets with socio-economic indicators from January 2016 to July 2023. To do so, the physical prices of the states of São Paulo, Mato Grosso, Mato Grosso do Sul, Goiás, Minas Gerais, and Pará were used. Quantitative, descriptive, and documentary research techniques were applied, with Spearman correlation. The main results revealed significant and positive relationships between prices in the physical and future markets with inflation, the pandemic, and exchange rates, with 95% confidence. Associations with the unemployment rate were significant but inverse. However, state-specific correlations did not show significant associations with the unemployment rate. This study contributes to the literature on the subject by highlighting the relationships between socio-economic variables and the price of cattle per pound in the main producing and exporting states. From a practical standpoint, it shows stakeholders that the socio-economic situation resulting from the pandemic favored the historic increase in the price of cattle per pound in the physical and future markets.