The WBR Mercosur Steer Index rose by 6 cents last week, reaching US$ 3.89 per kg carcass. The highlight was Brazil, where the average price for finished males in exporting states rose by 15 cents to US$ 3.55 per kg carcass, returning to early May levels. The appreciation in local cattle prices (+3%) and a 1.5% depreciation of the US dollar against the real contributed to the rebound.
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