Feedlots in Brazil expected to grow in 2015, says Assocon
The lack of pasture following sparse rainfall and the high price of beef cattle should increase the number of cattle in feedlots in 2015 compared with 2014, the president of the National Feedlot Association (Assocon), Eduardo Alves de Moura, has said.
Last year, 4.1 million head were finished in feedlots in Brazil, according to Assocon. The first survey of feedlot intentions for this year will be carried out between March and April. "With the uptrend in the price of beef cattle and the need for lots of animals to be finished in feedlots following a lack of rain, this should be a promising year," said Moura. "But everything will depend on the cost of feed and replacement animal prices, which remain high," he added.
Another factor, says the president, is the good supply of feed, mainly maize. Low costs and less attractive grain prices, as well as the difficulty in transport, should attract more and more farmers to feedlots, the president of Assocon said.
Information provided by Globo Rural