Pork market shows high supply in Brazil and Chile stands out in imports

The pork market faces a challenging scenario due to the high supply in Brazil. In recent years, pig farming has been dealing with narrow margins, but there was a slight improvement in 2023. To understand the current situation of prices, supply, demand and costs, Agro Times spoke with Wagner Yanaguizawa, economic analyst for animal protein at Rabobank, and Allan Maia, analyst at Safras & Mercado. Supply, demand and prices Pig farming prices are falling, both wholesale and for the live animal, due to the low scenario in the international markets for commodities such as soy and corn, which are two of the main inputs of the activity. "This devaluation of grains puts pressure on protein prices, along with a scenario of high supply that has persisted for 2-3 years. In the domestic market, with the arrival of cold weather, we observe a seasonal increase in demand in the Center-South, although the sector faces a challenge to stimulate domestic consumption", explains Yanaguizawa. For the ...