RIO DE JANEIRO, BRAZIL - The slaughter of cattle in Brazil fell 8.5% in 2020, compared to the previous year, after three years of expansion, pointed out the Brazilian Institute of Geography and Statistics (IBGE) in a survey released on Thursday, March 18th.
The institute counted 29.7 million heads slaughtered under federal, state or municipal health inspection services last year.
This decrease takes place in the middle of a boom in beef prices in Brazil observed since mid-2020, which reached record values. With this, according to IBGE, producers have been holding back the slaughter of reproductive cows because . . .