Cepea, October 16, 2020
CATTLE – The consecutive valuations of fed cattle arroba in the Brazilian market this year are pushing up prices for the beef traded in wholesale market of the Greater São Paulo. In the first fortnight of October, not even the current economic slump, unemployment and the reduction of the emergency aid in Brazil constrained price rises for beef in Brazil.
Besides the lower supply of fed cattle ready for slaughter, the fast exports pace also influenced beef valuations in Brazil, since it keeps domestic supply low
Fonte: CEPEA
