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Brazil - Markets

Fat male leaves behind seven consecutive weeks of declines

The average price of fat male rose, ending the consecutive downward trend during seven weeks that began in the last week of January—a stretch in which average prices in the main exporting states had fallen 7%. This week, reference prices increased in several states, affecting both cattle destined for the domestic market and so-called “boi China,” animals under 30 months of age whose beef can be exported to the Chinese market.

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