Chicken prices in Brazil continue to rise with good demand and increased exports

The Brazilian chicken meat market has seen a steadying of prices over the past week, both for live chicken per kilo and for cuts sold wholesale and through distribution. However, according to analyst Fernando Iglesias, from Safras & Mercado, prices are expected to rise in the short term, driven by the good demand observed in the last two months. In addition, the appreciation of other proteins, such as beef, is also favoring the upward trend in the chicken market. Iglesias points out that, despite the high costs of animal nutrition — especially with the recent increase in corn prices — the sector has maintained an aggressive stance in exports, which has also contributed to the recovery in prices. "Shipments continue at a record pace, which is positive for the sector," says the analyst. With the recovery in demand, the wholesale market is also showing firmness, with the prospect of continued price appreciation, especially with the increase in the population's income, which could ...