Average export price back above US$ 5,000/t

Brazil’s average beef export value reached US$ 5,041/t in the third week of April, surpassing the US$ 5,000/t mark for the first time in 11 weeks (since the third week of January). This was the fifth consecutive weekly increase; since the second week of March the average export value has risen 3.7 %, mirroring the price rebound that began in mid February.