Brazil: Wholesale chicken in São Paulo rises 2.60% this Friday

This Friday (27) ends the week of negotiations for the chicken market with rising prices. According to an analysis by Cepea, the purchasing power of poultry farmers in São Paulo has been recovering in relation to the main inputs used in the activity, as indicated by Cepea surveys. This is due, according to the Research Center, to the devaluation of corn and soybean meal in the domestic market in December and the increase in the prices of live chicken. In the chicken market, Cepea collaborators report that the end-of-year holiday period increased the demand for protein and, consequently, intensified the search by slaughterhouses for new batches of live animals. According to Scot Consultoria, the value of chicken on the farm in São Paulo remained stable, costing, on average, R$5.60/kg, while chicken in the wholesale market increased 2.60%, costing, on average, R$7.90/kg. In the ...