Nutrition cost stands out amid stability in Brazil’s chicken market

The Brazilian chicken market has seen a variation in prices, which have been stable to slightly high, both for live weight and for cuts sold at wholesale and distribution over the past week. According to Fernando Iglesias, an analyst at Safras & Mercado, animal nutrition costs remain a key concern, especially given the recent performance of corn on the domestic market. Iglesias also highlighted that exports are moving at a brisk pace, indicating that health issues have been adequately overcome. In the wholesale segment, firm prices were evident throughout the week, with a commercial environment that suggests a short-term price increase, even in a period characterized by relatively low demand. “This movement is due to the recent increase in beef prices, which has increased the competitiveness of chicken meat, whose price range is lower compared to other proteins,” concluded the analyst. According to a survey conducted by Safras & Mercado, the wholesale market in São Paulo has seen ...