
Brazil’s live cattle indicator reached a nominal record of R$392.70 per arroba on November 6, with October’s inflation-adjusted average the highest in the series since 1994; the report attributes firm cattle prices to limited ready-to-slaughter supplies and short slaughter schedules. Conab projects record 2026/27 harvests of 181.6 million tonnes of soybeans and 148 million tonnes of corn, while fertilizer costs remain high.
Tight cattle availability supports live cattle prices, while projected record soybean and corn harvests point to ample feed-grain supply and potential downward pressure on grain prices. High fertilizer costs may squeeze producer margins and influence input demand.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.