Brazil and USA: Evolution of the price of chicken meat in the international market

Published 2023년 3월 30일

Tridge summary

Prices of chicken meat have been on a decline after peaking last year, with the US experiencing a more significant drop compared to Brazil. Despite a slight reversal in February, the average price of US chicken meat has decreased by almost 20%, while Brazil's loss has been lower at 14.8%. Throughout the past two years, the average price of Brazilian chicken meat has been around 45% higher than that of the US, primarily due to a more diversified mix in Brazil. However, this difference has grown significantly in recent months, reaching around 58.5% in favor of Brazil in the last five months.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

It is true that, after the (historic) peak reached in the middle of last year, the prices of the two main world exporters of chicken meat have been in retreat. But there, too, Brazil's loss (recession of 14.8% in relation to the peak reached in July 2022) has been lower than that of the USA, whose average price - despite a slight reversal in February - shows a drop of practically , 20%. In the average of these two years, chicken meat from Brazil was traded for a value close to 45% higher than that of the USA – a difference mainly due to the diversified Brazilian mix. But even this ...

Source: Portal Do Agronegocio