News

Brazillian institute, IPEA, analyses the prices for meat, sugar, coffee, soy, corn and wheat

Wheat
Sugar
Published May 4, 2021

Tridge summary

Meat prices are expected to remain firm during the first half of 2021, evaluates the Institute of Applied Economic Research (Ipea). In the scenario note on Agricultural Markets and Prices, released yesterday (29), which will be released quarterly, the institute cites the lack of animals, the high cost of production, and exports as factors of influence.

Original content

Meat prices are expected to remain firm during the first half of 2021, evaluates the Institute of Applied Economic Research (Ipea). In the scenario note on Agricultural Markets and Prices, released yesterday (29), which will be released quarterly, the institute cites the lack of animals, the high cost of production and exports as factors of influence. For beef, Ipea says that the year must be difficult for those working with animal fattening. "The lowest slaughter volume observed throughout 2020 is expected to continue in the first half of 2021", he states in the document. In the second half, the supply of animals from confinement will depend on the prices of inputs and spare parts, which started the year at high levels. On the demand side, according to the institute, slaughterhouses report difficulty in passing on price increases to consumers. of the “arroba do boi gordo”, which can put pressure on the arroba. In the second quarter, chicken meat should maintain the price levels ...
Source: Brasilagro
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.