Brazil: Chicken performance (live and slaughtered) in the 48th week of 2022, moving from November to December

Published 2022년 12월 5일

Tridge summary

In the last week of 2022, the prices of slaughtered and live chicken saw a decrease of around 1%, resulting in a total reduction of around 5% from the month's peak. Despite this, December saw a slight increase in prices by about 1% compared to the previous month, leading to an apparent 12.36% increase from the same period in the previous year. However, when adjusted for inflation, the prices in December were actually lower than in November. Similarly, live chicken prices remained unchanged with minimal market activity, but could see a 10% increase from December 2021 due to a significant price drop that year. While there is no risk of a repeat of the extreme price drop seen in 2021, prices are expected to average higher than in January and February, the lowest of 2022.

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

Original content

In the 48th week of 2022, moving from November to December, the prices of slaughtered chicken continued to fall, ending the period with an average value close to 1% lower than that of a week before, this meaning a reduction close to 5% in relation to price peak of the month. In any case, the new period (December) began with a slight increase (about 1%) in 30 days, a fact that had not occurred in 2021, when the initial quotation for the month was 13% below that registered on the 1st of November (recalling, in 2021 the year ended with an average value 2.32% lower than in November and the weakest performance of the second semester). This is why the current December is starting with an apparent gain of 12.36% in relation to the same month last year. In other words: there is no gain, the values of a year ago have plummeted. And even though the initial price for the month is slightly higher than that of 30 days ago, the registered average is now negative (-2.71%) in relation to the ...

Source: Portal Do Agronegocio