News

Challenges persist for the average price of live cattle in Brazil this 2023

Frozen Bone-In Beef
Meat
Brazil
Market & Price Trends
Published Dec 2, 2023

Tridge summary

The average price of ruminants in October was significantly lower than the average value throughout 2022, indicating a difference of 40 percentage points. According to historical data, the average price should have been R$365.20, but it only reached R$237.84. In November, the average selling price for live cattle is expected to be slightly lower than in October, with a small decrease compared to the historical trend of an increase of 18.7%.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

However, even with this recovery, the average price in October represented less than 75% of the average value reached throughout 2022. This scenario contrasts with the positive index of almost 15% in the history of the last 22 years, indicating a difference of 40 points percentages. In other words, if the average ruminant price had followed history, it would have reached R$365.20 in October, but only reached R$237.84. With just two days left until the end of November, the average selling price for live cattle is slightly below that reached in ...
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