Cepea, May 3, 2021
April was the most unfavorable month to Brazilian cattle farmers regarding corn purchases since June 2016. Not even the cattle valuations observed during the month were able to improve the exchange ratio for the cereal, since corn prices increased more sharply in April.
Brazilian cattle farmers have recently increased the amount of grains in the diet of the animals, due to the beginning of the dry season
Fonte: CEPEA