Chicken meat prices in Brazil are falling since December

Chicken meat prices, traded on the wholesale market in Greater São Paulo, have been falling since December 2022, with the movement intensifying especially in the second half of that month and remaining throughout January of this year. According to data released by Cepea, this scenario is the result of the high supply of meat in the domestic market. Even some of the wholesale market agents report difficulties in maintaining positive margins. For corn, the increases in ports at the beginning of the month sustain the advantage over chicken. And for soy bran, the low surplus of grain from the 2021/22 harvest reduced the offer of the derivative in the domestic market. With this, it is possible for poultry farmers from São Paulo to purchase ...