Cepea, December 17, 2019 – CATTLE – Cepea calculations show that the prices for fed cattle and calf indicate that the current exchange ratio for calves is one of the most favorable to backgrounding farmers since February 2013, which means that the purchase power of finishing farmers is the highest in almost seven years. In general, quotes for fed cattle arroba and calves have increased this year, but fed cattle prices rose much more sharply.
BRAZILIAN MARKET – In the first fortnight of December, the ESALQ/B3 Index for fed cattle dropped 6
Fonte: CEPEA
