Gap widens between finished male and cow prices

The price gap between the finished male and cow widened in April in Brazil, driven by a stronger appreciation in male cattle prices, according to Cepea.

In São Paulo, the spread reached R$/@ 33.69 in the partial data through April 28, above the R$/@ 26.30 recorded in 2025 and the R$/@ 17.70 seen in 2024. The differential reflects better carcass yields and stronger demand for beef from male cattle.

The movement is linked to tighter male cattle supplies since the beginning of 2026 and firm external demand. In contrast, the larger availability of females — mainly destined for the domestic market — has limited price increases for cows.

Since December, finished male prices have accumulated an increase of 12.65%, while cow prices advanced 7.5%, consolidating the widening gap.