Brazilian pig exports once again posted excellent results in October

In October, Brazil exported 127.4 thousand tons of pork (fresh + processed), the second-best result of the year and in history. Compared to the 91.0 thousand tons registered in October/23, this represents a growth of 39.94%. The average price per ton continues to rise, closing the month at USD 2,433.22, the highest level in 2024. In direct conversion, the ton hit BRL 13,683.25, reaching the peak of recent years. Another positive point is the total revenue for the month, which reached USD 310 mln, also the year’s best result. Shipments from Brazil tend to remain strong over the next few months, considering the competitive price and quality of the Brazilian product. Therefore, domestic availability should remain tight, which helps in setting prices in the interior of the country. It is worth noting that Brazilian production is balanced, contributing to the current situation of Brazilian pig farming. Strong exports require meatpacking plants to actively purchase live pigs, finding an ...