Cepea, January 4, 2021
CATTLE – The records registered in the Brazilian cattle sector in 2019 were renewed in 2020. The fast exports pace for the national beef, primarily to China, added to the low supply of fed cattle (confirmed by official data indicating lower slaughter most of the year) kept prices for both fed cattle arroba and beef on the rise in the Brazilian market most of 2020.
As in 2019, fed cattle prices rose sharply in November/2020, renewing the real record in the series of Cepea, which began in 1994
Fonte: CEPEA