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Brazil Beef Production Drops Sharply

24 September 2015

BRAZIL – Tight cattle supplies and weak domestic and international beef demand have put major downward pressure on Brazil’s beef output.

A second quarter drop of 8.3 per cent has been reported by the Brazilian Institute of Geography and Statistics (IBGE).

This followed a contraction in cattle slaughter of 1.4 per cent on the first quarter and 10.7 per cent lower year on year at 7.63 million head, the lowest for the period since 2012.

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