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FOB Mercosur - Markets

Three consecutive weeks of declines for the Mercosur steer were left behind

The downward trend that dominated the past three weeks for the average value of the Mercosur steer has come to an end. The WBR Mercosur Steer Index recovered 1 cent to US$3.79 per kilo carcass weight, supported by higher quotes in Uruguay and the appreciation of Brazil’s exchange rate.

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