Beef increased 2.93 BRL/Kg or 20.38% since the beginning of 2020, 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 October of 2020.
Beef is expected to trade at 16.88 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 15.64 in 12 months time.