Brazil sees record high cost of production

Published 2023년 2월 3일

Tridge summary

The article reports that the production cost per kilo of live pig in Brazil reached a record high of 8.07 Brazilian reais in 2022, leading to a new record score of 461.90 points for the Swine Production Cost Index (ICPSuíno). The increase in the index was primarily driven by a rise in feed costs, which made up 79.59% of the total cost.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The year 2022 ended with a production cost per kilo of live pig of 8.07 Brazilian reais. This is the highest value ever recorded by Embrapa (Brazilian Agricultural Research Company). Production costs reflect both technical productivity coefficients and market prices of inputs and production factors and, in the case of swine, are calculated based on a farrow-to-finish system in Santa Catarina, the state used as a national reference. This also caused the Swine Production Cost Index (ICPSuíno) to reach a new record score of 461.90 points. Compared to November, the index increased by 1.09%, closing 2022 with a cumulative ...
Source: Pig 333

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