Product specification: weaned calf, male, Nellore breed, aged between 8 and 12 months; collected values refer to trades closed in the physical market – prices paid to producers;
Unit of measurement/currency: live animal (per animal); the average is originally calculated in Real, but it is also released in American dollar. It is a simple conversion of the value in Real to dollars – commercial exchange rate, selling price at 4:30 p.m. (Brasilia time);
Delivery: on farm (no freight included);
Region of reference: (animal origin) São Paulo State, divided into 4 regions: Presidente Prudente, Araçatuba, Bauru and São José do Rio Preto;
Calculation: arithmetic average of calf prices in the main growing regions of São Paulo State;
Discount rate: Term prices are converted into cash prices by discounting the CDI - Interbank Deposit Certificate rate
Frequency: daily. The values, however, remain in the sample for 7 days;
Historic:  since March 1994;
Agents surveyed by Cepea: Cattle growers, offices of cattle sales and purchases, stockbrokers and auction agencies.


Source: Cepea




Geraldo Sant’Ana de Camargo Barros, Ph.D
Full professor of the Department of Economics, Management and Sociology


Executive manager

Gabriela Garcia Ribeiro, M.a 

Shirley Martins Menezes, M.a
Thiago Bernardino de Carvalho, Dr.

Research Assistants

Cristiane Mariano Spadoto
Marina Martins Rodomille
Isabela Zavatti
Karine Nova Penha
Letícia Bianchi Mantovan
Tayane Gobbi Olivotto