With tight global supply of beef and improving demand in a number of markets, cattle prices in Brazil are set to remain at record levels in 2011 and ease only modestly in 2012, the report says.

报告指出，日趋紧张的全球牛肉供应量和在大量的市场需求量的提高，在巴西牛价格设定在2011年的水平，在2012年适可而止的缓解了牛肉的价格。

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This means that we are using our beef resources more efficiently, which also means that we can meet consumer demands with lower prices and fewer cattle.

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Wholesale beef prices have risen as meatpackers seek to pass along the higher costs they have been paying for cattle after droughts the past two summers in Texas, Oklahoma and other big cattle-ranching states.

WSJ: Retail Beef Prices Expected to Rise