Live hog: Average daily price in Brazil increases by 18.1 percent during February

Published 2023년 2월 17일

Tridge summary

Pig farmers have experienced good marketing conditions due to adjusted availability of live hogs, leading to a significant increase in the average price compared to the same period last year and the historical average. According to SuiSite, the average daily price evolved by 18.1% in the first fortnight, surpassing the increases of the previous year and the past 13 years. Despite a slight weakening in retail trade, the market is expected to maintain prices, partly due to the end of the Carnival holiday, which often disrupts normal business operations.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The more adjusted availability of live hogs allowed pig farmers to achieve good marketing conditions during the first fortnight and, as a result, the average price showed a much higher evolution than those achieved in the same period last year and the historical average. Monitoring carried out by SuiSite indicates an evolution of 18.1% in the average daily price during the month, well above the 14.1% of last year and the 4.9% indicated in the history of the last 13 years. The market is starting to show some weakening in ...

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