With the high demand from China and some plants closing down due to COVID, the cattle prices in Brazil have just gone up since April. Today was the first real candle but it stopped at he 21 exp mov average.
The country has started to reopen the plants, COVId infection likely reached its plateau and we can expect the imbalance of demand supply to go to normality.
It is totally achievable to see prices of 210 or 200 very soon. Cattle prices in the US will bbe highly dependable of USDBRL correlation.
The country has started to reopen the plants, COVId infection likely reached its plateau and we can expect the imbalance of demand supply to go to normality.
It is totally achievable to see prices of 210 or 200 very soon. Cattle prices in the US will bbe highly dependable of USDBRL correlation.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.