Cepea, July 2, 2020 – CATTLE – After hitting record real levels at the end of 2019, prices for fed cattle and beef remained firm along the first semester of 2020, underpinned by the low fed cattle supply in the Brazilian market. Higher female slaughter between 2018 and 2019 limited the number of animals finished in 2020 – it is worth to mention that the cattle volume slaughtered in Brazil in the first quarter of 2020 was the lowest since 2011, according to data from IBGE.
Besides, the fast exports pace for the Brazilian beef underpinned the domestic prices for fed cattle arroba and beef
Fonte: CEPEA
