Brazil: Consumer puts the brakes on the pig's high price

Published 2020년 11월 26일

Tridge summary

Pork producers in Rio Grande do Sul, Brazil, have seen a decrease in prices due to consumer resistance and the desire to maintain prices similar to beef. Despite the expectation of increased demand for pork during the holiday season, production costs and the pandemic are adding challenges. The sector remains resilient, with a balance of supply and demand, thanks to exports, mainly to Asia, but the sector may struggle to grow in 2021 due to financial constraints.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By Giovanni Lorenzon Caption: Pork has risen in the hitchhiker of beef, but faces resistance at the end (Image: REUTERS / Tingshu Wang) The pork producer has already felt the brake that the consumer is also imposing on this meat, which has entered in the ride of the high of the bovine protein. And you should not be encouraged, too, to renew prices a lot in the hope of a fatter Christmas consumption, traditionally. This in Rio Grande do Sul, but also replicated in other states, thinks Valdecir Folador, president of the Association of Pig Breeders in Rio Grande do Sul (Acsurs), for whom the limit has already reached the end of the chain, and went back to the gate at slower form of search. In one week, the live kg in the independent farm, placed in the state's slaughterhouses, fell by R $ 0.37, worth R $ 8.54, in a survey of the entity, which in slightly longer data, up to two weeks, also noted inflection for price adjustments. Even with a very fair production in 2020, under the ...
Source: Brasilagro

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