
Feedlot feed costs for beef cattle fell in October, with the Southeast recording a finishing diet at R$1,005.07 per tonne of dry matter, the lowest in the regional series. Compared with the July-September average, energy, protein and roughage ingredient costs declined 3.96%, 6.05% and 7.33% respectively.
Daily feed cost per head reached R$11.35, down 1.90% from September.
Cheaper cottonseed, cottonseed meal and cane bagasse lower the cost of feedlot rations, which eases demand pressure on protein and roughage feeds and reflects softer input prices for cattle feeders.
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.