Higher prospects for chicken meat prices in the Brazilian market

The Brazilian chicken market showed stable prices throughout the week, both for live weight and for cuts sold wholesale and through distribution. Fernando Iglesias, an analyst at Safras & Mercado, emphasizes that the business environment still points to the possibility of price increases in the short term. Iglesias highlights the concern with animal nutrition costs, especially considering the recent behavior of corn in the domestic market. Another relevant factor is the inability of Rio Grande do Sul's poultry industry to ship meat to China, which has generated significant losses for the sector. However, from a biosecurity standpoint, this issue has already been completely resolved. In the wholesale market, prices also remain stable, but with an upward trend in the short term. "The scenario still suggests the continuation of the upward movement, especially in the first half of the month, a period characterized by greater consumer appeal. It is worth noting that chicken meat has ...