Cepea, January 14, 2022
CATTLE – In 2021, it was clear that, with a weak demand in Brazil, the limited supply and the firm international demand – mainly from China – were the aspects that drove prices in the fed cattle sector to hit new record levels. And it is likely that the international market continues as a major influence for prices in 2022.
The sharp price decrease for fed cattle in September and October 2021, after the suspension of beef shipments to China, showed that the sector in Brazil depends significantly on the international market, specially
Fonte: CEPEA
