CATTLE – Despite the decrease in the monthly average price for fed cattle in April, the purchase power of the beef finishers in São Paulo State against corn increased compared to both that in March and in April 2021. Also, the volume of corn that beef finishers were able to purchase last month by selling fed cattle was higher than the average.
This scenario is linked to the recent devaluation of corn, which is being influenced by estimates for a record second crop
Fonte: CEPEA
