Brazil: Live pig and meat prices reacted at the end of October

Live pig and meat prices reacted at the end of October, causing the monthly average to rise for the sixth consecutive month. The boost came mainly from the record pace of Brazilian pork exports and the strong demand also from the domestic market, in addition to the low availability of animals at the ideal weight for slaughter. Data from the Secretariat of Foreign Trade (Secex) compiled and analyzed by Cepea show that, in October (22 business days), 102.1 thousand tons of pork were shipped. The daily average shipment was a record, at 5.3 thousand tons, 8.1% above that recorded in September/24 and a significant 41% higher than in October of last year. In the meat market, with good sales liquidity, special pork carcasses followed the upward trend of live pork and appreciated 1% compared to ...