Brazil: The average daily price of live cattle at the arroba absorbs an involution of 18.1% during August

Published 2023년 8월 25일

Tridge summary

The average daily price of fat cattle has decreased by 19.2% compared to July and 35.1% compared to last year. In August, there was a further decrease of 18.1%. The overall price decrease for the year is 13.5% compared to the previous year, but there was a positive index of 30.2% compared to the same period in 2020. However, prices are expected to decrease by the end of the year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The average daily price practiced at the arroba of fat cattle is R$199.75, equivalent to drops of 19.2% over the same day last July and 35.1% over the same day last year. For the time being, it absorbs an involution of 18.1% during August. The average price reached during August reached R$226.29, equivalent to drops of 10.6% over the same period of the previous month and 27.9% over the same period of last year. The index accumulated during the year, in turn, reaches R$267.70, indicating decreases of 19% and 13.5% over, respectively, the same period of last year and the year before. Considering the same period of 2020, it presents a ...

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