Price of the arroba of the ox falls 7.2% in February, according to Cepea in Brazil

With the recent suspension of beef shipments to China, due to a protocol established between Brazil and the Asian country in cases of identification of bovine spongiform encephalopathy (BSE) – better known as “mad cow disease” – in the national herd, the pace of business weakened in the domestic market. Consequently, arroba prices have retreated in recent days. The CEPEA/B3 live cattle indicator (São Paulo market) closed February at R$ 267.95, down 7.2% in the month. The case of “mad cow disease” was identified in Pará. According to the government of Pará, this is an atypical case of the disease, involving an old animal, without any risk to ...