IBOV 177,249 ▲ 2.61% IPSA 10,977 ▼ 0.44% IPC MEX 66,635 ▲ 0.80% MERVAL 3,258,105 ▲ 1.74% COLCAP 2,289.77 ▼ 0.13% BVL PERÚ 56,194.27 ▲ 1.33% USD/BRL5.11▼ 0.19% USD/MXN17.48▼ 0.40% USD/CLP924.72▼ 0.32% USD/COP3,237▼ 3.17% USD/PEN3.39▼ 0.36% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.20% USD/PYG6,055▲ 1.53% USD/BOB10.14▲ 4.01% USD/DOP58.48▼ 0.12% USD/CRC448.82▲ 1.40% USD/GTQ7.63▲ 2.28% USD/HNL26.72▲ 1.50% USD/NIO36.62▲ 0.26% USD/VES707.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.07▲ 0.80% USD/TTD6.75▲ 1.32% EUR/BRL5.83▼ 1.08% BRENT 75.74 ▼ 0.73% WTI 71.20 ▼ 1.22% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.03% GOLD 4,113 ▼ 0.43% SILVER 60.04 ▼ 0.56% SOY 1,191 ▲ 0.97% CORN 460.50 ▲ 7.66% WHEAT 636.50 ▲ 4.13% COFFEE 337.75 ▼ 5.38% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 142.60 ▼ 4.87% COTTON 80.87 ▲ 6.18% COCOA 5,973 ▼ 5.33% BEEF 235.23 ▼ 0.01% CATTLE 354.88 ▼ 0.36% LITHIUM 72.32 ▼ 0.69% PETR4 39.54 ▲ 0.84% VALE3 74.55 ▲ 1.91% ITUB4 44.06 ▲ 3.45% BBDC4 18.73 ▲ 4.06% ABEV3 15.83 ▲ 0.70% BBAS3 20.56 ▲ 2.80% B3SA3 15.46 ▲ 4.53% WEGE3 46.52 ▲ 1.71% PRIO3 55.32 ▼ 0.52% SUZB3 41.51 ▲ 1.17% RENT3 40.77 ▲ 3.48% AZZA3 19.22 ▲ 4.12% CSAN3 4.03 ▲ 4.40% RAIZ4 0.36 ▼ 2.70% PCAR3 2.77 ▲ 0.36% GMAT3 3.97 ▲ 1.02% PSSA3 54.51 ▲ 2.17% CVCB3 1.25 — 0.00% POSI3 3.98 ▲ 3.38% SLCE3 14.02 ▲ 1.67% NATU3 8.55 ▲ 1.06% BRKM5 6.62 ▲ 4.09% RANI3 7.98 ▲ 1.53% CSNA3 5.17 ▲ 7.71% CMIN3 5.10 ▲ 5.59% USIM5 8.44 ▲ 1.08% GGBR4 22.92 ▲ 1.96% ENEV3 27.32 ▲ 4.27% CPFE3 47.48 ▲ 2.57% CMIG4 11.32 ▲ 2.17% EQTL3 40.67 ▲ 2.94% LREN3 14.75 ▲ 4.24% VIVT3 35.65 ▲ 3.33% RAIL3 14.03 ▲ 2.04% KLABIN 17.51 ▲ 0.63% RAIA DROGASIL 18.90 ▲ 4.25% RDOR3 36.07 ▲ 2.62% HAPV3 10.61 ▲ 5.36% FLRY3 16.34 ▲ 3.75% SMTO3 16.14 ▲ 0.56% UGPA3 30.47 ▲ 1.23% VBBR3 32.77 ▲ 2.09% BBSE3 40.21 ▲ 2.37% BPAC11 58.11 ▲ 4.36% CURY3 33.95 ▲ 3.82% AERI3 2.08 ▲ 0.97% VIVARA 23.41 ▲ 3.68% COMPASS 25.15 ▲ 1.90% VAMOS 3.08 ▲ 4.05% SANB11 27.37 ▲ 4.27% ASAI3 8.89 ▲ 5.08% SBSP3 30.93 ▲ 3.10% WALMEX 49.42 ▲ 0.82% GMEXICO 198.69 ▲ 1.72% FEMSA 223.07 ▲ 0.31% CEMEX 21.89 ▲ 0.83% GFNORTE 187.82 ▲ 1.33% BIMBO 55.98 ▲ 0.09% TELEVISA 9.68 ▲ 2.00% AMX 23.00 ▲ 1.59% GAP 412.65 ▼ 0.26% ASUR 287.53 ▲ 1.38% OMA 236.71 ▼ 0.54% KOF 182.05 ▲ 0.64% GRUMA 283.95 ▲ 0.59% KIMBER 38.24 ▼ 0.52% SQM-B 67,899 ▼ 1.74% COPEC 6,011 ▼ 0.16% BSANTANDER 78.40 ▲ 1.16% FALABELLA 5,894 ▲ 0.74% ENELAM 85.09 ▲ 1.11% CENCOSUD 2,030 ▼ 1.29% CMPC 1,113 ▲ 1.66% BANCO CHILE 188.02 ▲ 0.55% LATAM AIR 26.10 ▼ 1.14% YPF 74,100 ▼ 2.21% GGAL 8,285 ▲ 5.14% PAMPA 5,170 ▼ 0.67% TXAR 667.50 ▲ 0.45% ALUAR 975.00 ▲ 0.67% TGS 9,540 ▲ 2.47% CEPU 2,359 ▲ 1.90% MIRGOR 17,150 ▼ 0.29% COME 45.75 ▲ 0.73% LOMA NEGRA 3,560 ▲ 1.79% BYMA 310.00 ▲ 0.08% TELECOM ARG 4,153 ▲ 0.79% ECOPETROL 15.61 ▲ 1.43% BANCOLOMBIA 83.51 ▲ 3.19% GRUPO AVAL 5.10 ▲ 1.59% CREDICORP 401.69 ▲ 2.49% SOUTHERN COPPER 176.58 ▲ 1.23% BUENAVENTURA 30.24 ▲ 2.34% MERCADOLIBRE 1,880 ▲ 4.01% NUBANK 13.90 ▲ 1.68% XP 17.01 ▲ 3.66% PAGSEGURO 9.32 ▲ 3.50% STONE 11.25 ▲ 2.60% GLOBANT 30.02 ▼ 4.06% TECNOGLASS 44.27 ▲ 2.62% GAP AIRPORT 236.80 ▲ 0.99% ASUR 287.53 ▲ 1.38% OMA AIRPORT 108.26 ▼ 0.07% AMX ADR 26.30 ▲ 1.78% FEMSA ADR 127.87 ▲ 0.69% CEMEX ADR 12.55 ▲ 1.41% PETROBRAS ADR 17.18 ▲ 0.88% VALE ADR 14.55 ▲ 2.29% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.42 ▲ 5.35% AMBEV ADR 3.08 ▲ 1.15% CSN 1.02 ▲ 6.84% GERDAU 4.51 ▲ 2.15% LATAM ADR 56.66 ▼ 0.67% BTC 63,866 ▲ 1.06% ETH 1,789 ▲ 2.55% SOL 77.66 ▼ 0.49% XRP 1.10 ▲ 0.71% BNB 575.99 ▲ 1.32% ADA 0.17 — 0.00% DOGE 0.07 ▲ 1.33% AVAX 6.73 ▲ 0.70% LINK 7.92 ▲ 2.41% DOT 0.88 ▲ 6.29% LTC 44.54 ▲ 1.77% BCH 246.54 ▲ 3.69% TRX 0.33 ▼ 0.57% XLM 0.19 ▲ 2.01% HBAR 0.07 — 0.00% NEAR 1.90 ▼ 1.07% ATOM 1.58 ▲ 1.95% AAVE 95.39 ▲ 4.53% SELIC 14.25% EMBRAER 85.10 ▲ 1.48% EMBRAER ADR 66.63 ▲ 1.66% JBS 11.90 ▲ 1.41% JBS BDR 60.57 ▲ 0.87% MBRF3 15.69 ▲ 1.82% MBRFY 3.04 ▲ 1.33% INTER 5.87 ▲ 2.73% EGX 52,312 ▲ 0.54% USD/ZAR16.31▼ 0.09% USD/NGN1,376▼ 0.12% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY161.66▼ 0.44% USD/CNY6.76▼ 0.42% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD1.14▼ 0.10% GBP/USD1.34▲ 0.03% SPX 7,566 ▲ 0.30% DJI 52,630 ▲ 0.27% NDX 29,823 ▲ 0.32% RUT 2,982 ▼ 0.37% TSX 35,244 ▲ 0.12% VIX 15.36 ▼ 3.03% USD/CAD1.41▼ 0.15% US10Y 4.5650 ▲ 0.57% IBOV 177,249 ▲ 2.61% IPSA 10,977 ▼ 0.44% IPC MEX 66,635 ▲ 0.80% MERVAL 3,258,105 ▲ 1.74% COLCAP 2,289.77 ▼ 0.13% BVL PERÚ 56,194.27 ▲ 1.33% USD/BRL 5.11 ▼ 0.19% USD/MXN 17.48 ▼ 0.40% USD/CLP 924.55 ▼ 0.34% USD/COP 3,237 ▼ 3.17% USD/PEN 3.39 ▼ 0.33% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.20% USD/PYG 6,055 ▲ 1.53% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.48 ▼ 0.12% USD/CRC 448.82 ▲ 1.40% USD/GTQ 7.63 ▲ 2.28% USD/HNL 26.72 ▲ 1.50% USD/NIO 36.62 ▲ 0.26% USD/VES 707.92 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.07 ▲ 0.80% USD/TTD 6.75 ▲ 1.32% EUR/BRL 5.83 ▼ 1.08% BRENT 75.74 ▼ 0.73% WTI 71.20 ▼ 1.22% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.03% GOLD 4,113 ▼ 0.43% SILVER 60.04 ▼ 0.56% SOY 1,191 ▲ 0.97% CORN 460.50 ▲ 7.66% WHEAT 636.50 ▲ 4.13% COFFEE 337.75 ▼ 5.38% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 142.60 ▼ 4.87% COTTON 80.87 ▲ 6.18% COCOA 5,973 ▼ 5.33% BEEF 235.23 ▼ 0.01% CATTLE 354.88 ▼ 0.36% LITHIUM 72.32 ▼ 0.69% PETR4 39.54 ▲ 0.84% VALE3 74.55 ▲ 1.91% ITUB4 44.06 ▲ 3.45% BBDC4 18.73 ▲ 4.06% ABEV3 15.83 ▲ 0.70% BBAS3 20.56 ▲ 2.80% B3SA3 15.46 ▲ 4.53% WEGE3 46.52 ▲ 1.71% PRIO3 55.32 ▼ 0.52% SUZB3 41.51 ▲ 1.17% RENT3 40.77 ▲ 3.48% AZZA3 19.22 ▲ 4.12% CSAN3 4.03 ▲ 4.40% RAIZ4 0.36 ▼ 2.70% PCAR3 2.77 ▲ 0.36% GMAT3 3.97 ▲ 1.02% PSSA3 54.51 ▲ 2.17% CVCB3 1.25 — 0.00% POSI3 3.98 ▲ 3.38% SLCE3 14.02 ▲ 1.67% NATU3 8.55 ▲ 1.06% BRKM5 6.62 ▲ 4.09% RANI3 7.98 ▲ 1.53% CSNA3 5.17 ▲ 7.71% CMIN3 5.10 ▲ 5.59% USIM5 8.44 ▲ 1.08% GGBR4 22.92 ▲ 1.96% ENEV3 27.32 ▲ 4.27% CPFE3 47.48 ▲ 2.57% CMIG4 11.32 ▲ 2.17% EQTL3 40.67 ▲ 2.94% LREN3 14.75 ▲ 4.24% VIVT3 35.65 ▲ 3.33% RAIL3 14.03 ▲ 2.04% KLABIN 17.51 ▲ 0.63% RAIA DROGASIL 18.90 ▲ 4.25% RDOR3 36.07 ▲ 2.62% HAPV3 10.61 ▲ 5.36% FLRY3 16.34 ▲ 3.75% SMTO3 16.14 ▲ 0.56% UGPA3 30.47 ▲ 1.23% VBBR3 32.77 ▲ 2.09% BBSE3 40.21 ▲ 2.37% BPAC11 58.11 ▲ 4.36% CURY3 33.95 ▲ 3.82% AERI3 2.08 ▲ 0.97% VIVARA 23.41 ▲ 3.68% COMPASS 25.15 ▲ 1.90% VAMOS 3.08 ▲ 4.05% SANB11 27.37 ▲ 4.27% ASAI3 8.89 ▲ 5.08% SBSP3 30.93 ▲ 3.10% WALMEX 49.42 ▲ 0.82% GMEXICO 198.69 ▲ 1.72% FEMSA 223.07 ▲ 0.31% CEMEX 21.89 ▲ 0.83% GFNORTE 187.82 ▲ 1.33% BIMBO 55.98 ▲ 0.09% TELEVISA 9.68 ▲ 2.00% AMX 23.00 ▲ 1.59% GAP 412.65 ▼ 0.26% ASUR 287.53 ▲ 1.38% OMA 236.71 ▼ 0.54% KOF 182.05 ▲ 0.64% GRUMA 283.95 ▲ 0.59% KIMBER 38.24 ▼ 0.52% SQM-B 67,899 ▼ 1.74% COPEC 6,011 ▼ 0.16% BSANTANDER 78.40 ▲ 1.16% FALABELLA 5,894 ▲ 0.74% ENELAM 85.09 ▲ 1.11% CENCOSUD 2,030 ▼ 1.29% CMPC 1,113 ▲ 1.66% BANCO CHILE 188.02 ▲ 0.55% LATAM AIR 26.10 ▼ 1.14% YPF 74,100 ▼ 2.21% GGAL 8,285 ▲ 5.14% PAMPA 5,170 ▼ 0.67% TXAR 667.50 ▲ 0.45% ALUAR 975.00 ▲ 0.67% TGS 9,540 ▲ 2.47% CEPU 2,359 ▲ 1.90% MIRGOR 17,150 ▼ 0.29% COME 45.75 ▲ 0.73% LOMA NEGRA 3,560 ▲ 1.79% BYMA 310.00 ▲ 0.08% TELECOM ARG 4,153 ▲ 0.79% ECOPETROL 15.61 ▲ 1.43% BANCOLOMBIA 83.51 ▲ 3.19% GRUPO AVAL 5.10 ▲ 1.59% CREDICORP 401.69 ▲ 2.49% SOUTHERN COPPER 176.58 ▲ 1.23% BUENAVENTURA 30.24 ▲ 2.34% MERCADOLIBRE 1,880 ▲ 4.01% NUBANK 13.90 ▲ 1.68% XP 17.01 ▲ 3.66% PAGSEGURO 9.32 ▲ 3.50% STONE 11.25 ▲ 2.60% GLOBANT 30.02 ▼ 4.06% TECNOGLASS 44.27 ▲ 2.62% GAP AIRPORT 236.80 ▲ 0.99% ASUR 287.53 ▲ 1.38% OMA AIRPORT 108.26 ▼ 0.07% AMX ADR 26.30 ▲ 1.78% FEMSA ADR 127.87 ▲ 0.69% CEMEX ADR 12.55 ▲ 1.41% PETROBRAS ADR 17.18 ▲ 0.88% VALE ADR 14.55 ▲ 2.29% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.42 ▲ 5.35% AMBEV ADR 3.08 ▲ 1.15% CSN 1.02 ▲ 6.84% GERDAU 4.51 ▲ 2.15% LATAM ADR 56.66 ▼ 0.67% BTC 63,866 ▲ 1.06% ETH 1,789 ▲ 2.55% SOL 77.66 ▼ 0.49% XRP 1.10 ▲ 0.71% BNB 575.99 ▲ 1.32% ADA 0.17 — 0.00% DOGE 0.07 ▲ 1.33% AVAX 6.73 ▲ 0.70% LINK 7.92 ▲ 2.41% DOT 0.88 ▲ 6.29% LTC 44.54 ▲ 1.77% BCH 246.54 ▲ 3.69% TRX 0.33 ▼ 0.57% XLM 0.19 ▲ 2.01% HBAR 0.07 — 0.00% NEAR 1.90 ▼ 1.07% ATOM 1.58 ▲ 1.95% AAVE 95.39 ▲ 4.53% SELIC 14.25% EMBRAER 85.10 ▲ 1.48% EMBRAER ADR 66.63 ▲ 1.66% JBS 11.90 ▲ 1.41% JBS BDR 60.57 ▲ 0.87% MBRF3 15.69 ▲ 1.82% MBRFY 3.04 ▲ 1.33% INTER 5.87 ▲ 2.73% EGX 52,312 ▲ 0.54% USD/ZAR 16.32 ▲ 0.06% USD/NGN 1,376 ▲ 0.08% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY 161.64 ▼ 0.44% USD/CNY 6.7642 ▼ 0.40% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD 1.1421 ▼ 0.11% GBP/USD 1.3400 ▼ 0.03% SPX 7,566 ▲ 0.30% DJI 52,630 ▲ 0.27% NDX 29,823 ▲ 0.32% RUT 2,982 ▼ 0.37% TSX 35,244 ▲ 0.12% VIX 15.36 ▼ 3.03% USD/CAD 1.4145 ▼ 0.15% US10Y 4.5650 ▲ 0.57%
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Opinion: Brazil’s Rural Culture, a “Bovine” Smidgen

By · August 20, 2015 · 2 min read

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Opinion, by Michael Royster

RIO DE JANEIRO, BRAZIL – Brazil’s second most popular sport in terms of spectators, according to an argument made to Brazil’s Supreme Court (STF) this week, is the “vaquejada”. Allegedly, some 4,000 vaquejadas occur annually throughout Brazil’s outback known as the “sertão”.

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The Curmudgeon, aka Michael Royster.
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Brazil’s chief public prosecutor has taken time off from chasing Petrolão criminals to argue a case against vaquejadas, alleging that, even though they have been declared of national cultural value, they ought to be banned, just as cockfighting has been banned.

What happens in a vaquejada is that a “vaca” (usually a steer, not a cow) is penned in a small chute with a gate; two riders (“vaqueiros”) astride trained horses await along a fence in front of the chute, until the gate is lifted. Then, the steer is whacked and bolts out of the chute between the horses onto a long open field lined with fences and spectators. The vaqueiros chase the steer, one on either side, trying to bring it down as close to the gate as possible.

How do they bring it down? Not with lariats or lassos, but by grabbing the steer’s tail and yanking it upwards until the steer tumbles ass over teakettle. The steer is slightly stunned, but it’s rare for more serious damage to occur.

Lariats and lassos are useless in a landscape filled with cactus, scrub brush and stunted trees about the same height as a steer’s horns. Thus, vaquejadas reflect customs in the sertão, because that’s how stray and runaway cattle are brought down in real life.

One STF Justice pointed this out in his opinion, and voted to dismiss the suit. Another followed suit, but a third supported the Prosecutor’s claim. The case is now suspended.

The Curmudgeon, who rode in a vaquejada when living in the sertão, knows what a popular cultural event it is. He does not believe cows are sacred and supports dismissing the lawsuit.

The Curmudgeon will emit more sacred bovine smidgens opportunely.

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