Brazil: Chicken cut prices rise for third consecutive month amid high demand and competition with beef

Prices for chicken cuts have been rising for the third consecutive month in all markets monitored by the Cepea Research Center. This bullish scenario for prices is linked to the strong demand for poultry meat and the increased competitiveness with beef, which has also been recording high prices. From September to October, the prices of frozen whole chicken sold wholesale in Greater São Paulo and Porto Alegre (RS) rose 4% and 2.5%, respectively, with averages closing at R$7.32/kg and R$10.16/kg. In Greater São Paulo, frozen wings recorded the most significant appreciation from September to October, of 15.3%, with the monthly average at R$12.01/kg. In the same period, the price of frozen thighs and drumsticks rose 8.8%, closing at R$8.12/kg. Frozen chicken prices in wholesale markets in São Paulo rose 6.64% compared to the prices observed at the beginning of October. According to the Cepea survey, the average price on October 1st was close to R$7.38/kg and is now priced at ...