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FOB Mercosur - Markets

Solid increase in steer prices across Mercosur

Slaughter cattle prices saw a significant increase this week, supported by rising price references in Brazil, Argentina, and Uruguay, as well as by the weakness of the U.S. dollar. The WBR Mercosur Steer Index rose 9 cents for the week to US$ 3.98 per kilo carcass weight, the highest level in five weeks.

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