The Brazilian chicken market maintains firm prices and positive expectations for the end of the year

The live chicken market recorded a week of stable prices, both for wholesale and consumer products, as reported by Fernando Henrique Iglesias, analyst at Safras & Mercado. Iglesias highlighted that the sector faces good consumption expectations for the rest of the year, driven by the good performance of exports and the positive dynamics of the domestic market, which benefits from a high level of employment in Brazil. However, the state of Rio Grande do Sul faces significant challenges due to health problems and floods, which have generated vulnerabilities in the region. Under normal conditions, these problems would not have such an impact on the market. According to the survey by Safras & Mercado, the prices of frozen chicken cuts at wholesale in São Paulo remained stable during the week. The price per kilo of chicken breast remained at R$9.30, thighs at R$6.60 and wings at R$9.90. In distribution, prices were R$9.50 for breast, R$6.80 for thigh and R$10.00 for wings. There were ...