Brazil: Pork production costs rise in October and broiler ICP is practically stable

Pig production costs rose in October according to studies published by CIAS, Embrapa's Poultry and Pig Intelligence Center. The Production Cost Index, the ICPSuíno, rose 0.71% in October compared to September, closing at 449.20 points. The ICPFrango, which calculates broiler production costs, remained practically stable, down 0.07%, closing the month of October at 424.90 points. Nutrition costs, with a 0.95% increase, and a weight of 80% in the composition of the total cost, was what most impacted the October 2022 ICPSuíno. in this item. Thus, the total cost of production per kilogram of live pig produced in a complete cycle system in Santa Catarina went from R$ 7.80 in September to R$ 7.85 in October. In the year, the ICPSuíno accumulates 12.16% and, in the last 12 months, 15.40%. ICPFrango, on the other hand, showed a decrease in all composition items, with the exception of health (which remained stable) and nutrition (increase of 0.19% compared to September). The cost of ...