Brazil: The price gap between males and females for slaughter is a record

Published 2023년 2월 1일

Tridge summary

The average price difference between male and female ready-to-slaughter animals in the São Paulo market has reached its highest level in over two decades, with a gap of R$ 23.48 per @ in the first three weeks of January. This disparity is largely due to a decrease in cow prices, while male prices remain stable. The surge in male prices is largely driven by strong international demand, particularly from China, while the decline in cow prices is attributed to weak domestic demand due to reduced purchasing power.

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

Original content

The average difference between the prices of ready-to-slaughter male and female animals, both sold in the São Paulo market, reached its highest level at the beginning of the year. According to data from Cepea, the difference between the average values is an expressive R$ 23.48 per @ in the first three weeks of January (until the 24th), with an advantage for the male. This is the largest difference in Cepea's monthly historical series for these categories for the first month of the year, which began in 2000 in the case of cows. This scenario is due to the maintenance of male prices, while those of cows fell. From 12/22 to the partial of this month, while the @ del boi gordo in the São Paulo market presents a nominal devaluation of 2.7%, the price of the cow registers a fall of 4.31%. According to Cepea researchers, in the case of males, the ...

Source: Elagro