Brazil boosted the Mercosur Steer: Price was positioned at US$ 3.40

Frozen Bone-In Beef

Brazil

Published Dec 9, 2022

Tridge summary

Faxmeat | The average value of the steer in the Mercosur was confirmed again in the week driven mainly by Brazil. The Mercosur Steer Faxmeat Index rose 3 cents to US$3.40 per kilo carcass, the highest value in seven weeks. The main bullish argument was Brazil, with an increase in prices in reais that was boosted by the 0.9% appreciation of the exchange rate.

Original content

The average value of boi gordo in Brazil rose 9 cents in the week to US$3.34 a kilo; accumulates an increase of 20 cents in the last two weeks. In Argentina, the export steer remained firm with a rise of 1 cent to US$ 3.59 per kilo carcass. In Uruguay and Paraguay the trend was downward. In Uruguay, the special steer ...

Source: Elagro

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