Inversion of the Cattle Cycle in Brazil: Increased Production Will Fuel More Growth in Beef Exports
Due to the retention that started in 2019 and gained momentum in 2020, a significantly increased number of calves and steers ready to enter intensive production systems should reach the market in 2H 2022. Added to the increase in the share of females in slaughter, this should bring about a change in the livestock cycle and consequently increase the supply of slaughter cattle.
It is important to point out that, with feed prices still expected to be high in 2H 2022, the margins of...
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