Chicken meat prices in Brazil remain firm with expectations of good performance for the end of 2024

The Brazilian chicken meat market continues to have firm prices, both for the kilo of live chicken and for cuts sold at wholesale and in distribution. According to Safras & Mercado analyst Fernando Iglesias, the current scenario reflects a balanced supply and the expectation of a strong replenishment along the production chain in the coming weeks. Iglesias also highlights that the situation favors possible price adjustments. The analyst notes that supply is well adjusted to demand, and with replenishment flowing more efficiently, there is room for progress in the market. The exchange rate, despite a slight decline, remains close to R$6, which maintains the competitiveness of Brazilian chicken in the international market. In the wholesale market, prices remain stable, with replenishment between wholesale and retail maintaining good fluidity. The sector is optimistic about the prospect of an increase in consumption until the end of the year, driven by the holiday season and the ...