Beef decreased 1.61 BRL/Kg or 7.35% since the beginning of 2022, 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 22.19 in March of 2022. Beef - data, forecasts, historical chart - was last updated on August of 2022.
Beef is expected to trade at 20.73 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 21.32 in 12 months time.