Brazil: Average daily hog price continues to show an evolution of 18.1% in February

Published 2023년 2월 24일

Tridge summary

Despite the pork market's weakness, the average daily price of live pigs sold by pig farmers has remained stable over the past 14 days, showing an 18.1% increase over the month, slightly below last year's rise. However, retail trade is reducing pork acquisitions, and they are pushing for lower prices, potentially leading to a drop in prices towards the end of February if farmers do not resist the pressure.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Although the pork market is starting to show greater weakness in all sectors of the marketing chain, the average daily price of live pigs sold by pig farmers has remained stable over the last 14 days. The result is that monitoring carried out by SuiSite continues to indicate an increase of 18.1% in the average daily price during the month, slightly below the 19% of last year and the 4.9% indicated in the history of the last 13 years. With the retraction in pork turnover in the retail trade for the most difficult period of the month for consumers, ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
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.