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Brazil's egg prices soar, but should fall after the end of April

Published Feb 19, 2025

Tridge summary

The town of Santa Maria de Jetibá in Espírito Santo, Brazil, the country's largest egg producer, has seen a significant increase in egg prices due to a rise in demand, high production costs, and market dynamics. A box of white eggs now costs 233.55 reais, up 37.9% from February 2024, and red eggs have increased by 40.8% to 264.21 reais. The price hike is attributed to factors such as increased production costs, weather conditions, and reduced supplies. Despite concerns about avian influenza in the United States, which imported 220 tons of Brazilian eggs last month, there's no evidence of a link between the U.S. outbreak and domestic prices in Brazil. Most eggs are still sold domestically, with only a small fraction exported.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Brazilian magazine EXAME reports that the town of Santa Maria de Jetibá in the state of Espírito Santo, the largest producer of eggs in Brazil, has reached the highest average price in real terms, taking inflation into account. A box of 30 dozen white eggs has reached 233.55 reais, up 37.9% compared to February 2024. A box of red eggs now costs 264.21 reais, up 40.8% compared to the same period last year. According to Cepea, as eggs are a protein widely consumed in school meals, demand has gradually increased, driven by the return of students to school and the recovery of consumption among ordinary residents. Claudia Scarpelin, an egg researcher at Cepea, said: "With reduced supplies and increased sales, prices should remain high until Lent, when egg consumption traditionally increases," said Scarpelin. According to the Brazilian Egg Institute (IOB), the recent rise in egg prices is the result of a combination of factors, including production costs, weather conditions and ...
Source: Foodmate
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