Competitiveness of chicken meat against pork grows more than 40% in Brazil

Published 2021년 10월 22일

Tridge summary

In October, chicken meat regained its price competitiveness over pork after a three-month lull, primarily due to recent chicken price devaluations and high prices for special pork carcasses. The rise in chicken's price competitiveness is attributed to consecutive appreciation from May to September, which narrowed market liquidity and drove some demand away due to high prices. Conversely, pork saw an increase in demand for new slaughter animals, resulting in higher protein values and a wider price gap between special pork carcasses and refrigerated chicken. As a result, the price difference between the two meats grew by 42.5% in October, indicating a significant boost in the competitiveness of chicken meat over pork.

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

Original content

After three consecutive months of losing competitiveness, the advantage of chicken meat over pork rose again in October. This scenario is the result of recent chicken devaluations and high prices for special pork carcasses. According to researchers from Cepea, chicken meat appreciated consecutively from May to September this year, which ended up limiting the liquidity of the product now in October, as the high price levels have driven part of the demanders away from purchases. As for pork, the greater demand for new batches of animals for slaughter boosted protein values. Thus, the difference between the prices of ...

Source: Agroemdia