Beef increased 2.22 BRL/Kg or 12.24% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Historically, Beef reached an all time high of 1504.25 in March of 2020. Beef - data, forecasts, historical chart - was last updated on May of 2021.
Beef is expected to trade at 19.85 BRL/Kg by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 18.39 in 12 months time.