Uncertainty scenario caps further gains in Brazil fed cattle prices

Brazil’s fed cattle market has remained under strong bullish pressure amid limited availability of slaughter-ready animals. However, after reaching record levels on April 17, prices have entered a more stable phase as uncertainty intensifies around both domestic and global supply and demand dynamics. São Paulo’s reference price for finished steers rose 14% from January to April 16. In the firstBrazil’s fed cattle market has remained under strong bullish pressure amid limited availability of slaughter-ready animals. However, after reaching record levels on April 17, prices have entered a more stable phase as uncertainty intensifies around both domestic and global supply and demand dynamics. São Paulo’s reference price for finished steers rose 14% from January to April 16. In the firstRead More