Low costs and strong demand drive pork prices up

Brazilian pig farming is on track to end 2025 as one of the best years in its history, supported by favorable production costs and strong demand, according to Itaú BBA. With corn and soybean meal at historically low levels, producers have found ideal conditions to increase slaughters and accelerate the growth rate. At the same time, international demand for Brazilian pork has regained strength, especially in Asia, which accounts for about 65 percent of total shipments. The Philippines, Japan, and Vietnam have stood out by increasing their purchases and compensating for the contraction in the Chinese market. In the Americas, countries like Chile, Mexico, Argentina, and Uruguay have reinforced the diversification of destinations and consolidated new opportunities for 2026. Projections indicate that national production should end the year with a 5% increase, while exports are expected to advance by about 15%. Even with more product destined for abroad, domestic consumption is also ...