Beef increased 2.49 BRL/Kg or 13.73% since the beginning of 2021, 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 November of 2021.
Beef is expected to trade at 20.37 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 21.00 in 12 months time.