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Brazil cattle herd reaches highest level since 2016 – IBGE

RIO DE JANEIRO, BRAZIL - The high price of fat cattle and growth in meat exports helped to increase livestock in Brazil, which traditionally has the largest commercial cattle herd in the world.

"We had experienced a period of slaughter of females which led to a reduction in the number of animals and calves, and this pushed up the price of live cattle," said the supervisor of IBGE's Municipal Livestock Survey (PPM) Mariana Oliveira.

The price of the standard arroba (equivalent to 15 kg) in Brazil reached record highs above R$320 (US$60) this year, and are currently traded . . .

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