Average daily price of live cattle in Brazil continues to show an evolution of 7.3 percent in February

The market for live cattle was maintained in an environment that was strengthened by the good conditions of the pastures, allowing ranchers the possibility of keeping the animal in the pasture and seeking better marketing conditions. And the need for some slaughterhouses to recompose their low slaughter scales, combined with a certain improvement in the export market, had been contributing to maintain a more balanced environment and, also, to maintain the price in recent days. The result is that the follow-up carried out by Pecsite indicates an evolution well above the historical one in this period of the month. That is, while the evolution index during February reached 7.3%, the history of the last 13 years indicates an evolution of only 1%. The last days of ...