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The ESALQ/BM&FBovespa index represents an arithmetic average of the calf prices (per head) collected every day in the main producing areas of Mato Grosso do Sul state (MS). The product considered in this research follows the specification of BM&FBovespa (wean calf, male, nelore, 8 to 12 months age).
The Brazilian calf has distinguished qualities and, for that reason, prices present a great dispersion (if compared to the steer prices, for example), even when factors such as age, race, geographic location are delimited. For this reason, Cepea also collects an animal average weight in MS. |
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