Brazil: With a more attractive price, pork consumption should be boosted by the end-of-the-year parties

Published 2021년 12월 24일

Tridge summary

Brazilian pork consumption has seen a significant increase in 2021, reaching 18.71 kg per capita in the third quarter, marking a 13.6% increase from the same period in 2020 and a 15.7% rise from the same period in 2019, hitting an all-time high. This surge in demand is attributed to the high costs of beef and poultry, offering a more affordable protein source for families. Pork prices were observed to drop slightly, and certain cuts like boneless shoulder and ham saw substantial price hikes due to the holiday season. Swine protein production in Brazil also experienced a 9.01% growth in the third quarter compared to the previous year, with expectations to surpass 4.8 million tons by year-end, marking an 8% increase from 2020 and a 40% rise in six years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The end of the year arrived and with it the period of family celebrations and get-togethers. At suppers, among the most common dishes is pork. Driven by the fact that animals use their snouts in movements that refer to “going forward”, many people take advantage of this belief and consume pork in the hope of progressing in life. This year, adding to the tradition, the fact that beef and even poultry prices are way above normal, costing up to 40% less, pork cuts become even more attractive at this time. Brazilians' cost of living this year, the price of beef made families migrate to chicken and pork to keep protein on the table. However, chicken meat also rose, which opened up more space for pork. The increase in pork consumption was noticed throughout the year, which gave some relief to pig farmers who suffered from a reduction in revenue due to the negative difference obtained in the relationship between the price of a kilo of live pigs and the cost of production. To give you an ...
Source: Odocumento

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