Cattle Prices Remain Weak in the Domestic Market While Appreciated Abroad.
- B.W Ricardo
- Feb 8, 2024
- 1 min read
Updated: Mar 16, 2024
In Short:
Brazilian cattle ranchers exporting beef, especially those supplying animals ready for slaughter, typically around the 30-month mark, are experiencing significant appreciation of their product abroad.
Conversely, Cepea surveys indicate that prices for live cattle and beef in the domestic market continue to decline in early February.
Ranchers are opting to hold back from negotiating at offered prices, with demand in the wholesale market also relatively low.
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