Brazil: High pork availability will be the biggest challenge for the sector in 2023

High pork availability will be the biggest challenge for the sector in 2023. Next year will be challenging for the Brazilian swine industry due to availability, which will continue to expand. The first semester will be more challenging because of several factors, such as: – Seasonality of demand – Historically, pork consumption falls in the first months of the year due to the lower purchasing power of households due to the payment of taxes and the purchase of school materials. In addition, high summer temperatures impact consumption. – Production cost – The price of corn must remain at high levels in the first months of the year, considering a difficult logistical framework due to the priority of selling soybeans. Freight must go up. Another point is that the final corn stocks will be short due to the strong exports of the current business year. Soybeans must present a bearish picture due to the record production estimate. The weather is the variable to be monitored to confirm the ...