Brazil: Restricted supply in the domestic market increases pork prices

The low availability of animals in the domestic market, especially in terms of ideal weight for slaughter, resulted in a strong upward movement in live hog and special carcass prices in February in most markets monitored. Quotations even reached the highest monthly average in Cepea's historical series, which began in March 2002, considering the February months of previous years, in nominal terms. From January to February, live hogs sold on the independent market appreciated 10.7% in the SP-5 region (Bragança Paulista, Campinas, Piracicaba, São Paulo and Sorocaba), with an average of R$ 7.70/kg, a nominal record for a month of February in the entire historical series of Cepea, started in March 2002. In Greater Belo Horizonte (MG), the animal had an average price of R$ 8.02/kg in February, an increase of 11.8% compared to the average registered in January and also a record level for the month, in nominal terms. In the southern region of the country, Arapoti (PR) and Erechim (RS) ...