Brazil: Daily average live hog price performance during November 2022

Published 2022년 12월 1일

Tridge summary

Pork meat consumption did not dynamically increase in November, impacting pig farmers' marketing conditions. The average price maintained a 17% positive index but was 6.8% lower than the previous year. The barley market also failed to maintain price developments of the past 12 years. However, pig farmers were able to sustain unchanged prices despite challenges such as holidays and the soccer world cup.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The consumption of pork meat did not show enough dynamism to provide pig farmers with the opportunity to compete for better marketing conditions in the closures carried out with live pigs during November. The period had 2 holidays until the end of the first fortnight and, also, 2 days of the second fortnight that were negatively impacted on the slaughter and on the movement of the product for the games in Brazil in the soccer world cup. The corollary was the maintenance of the average price throughout the month, meaning a positive index of 17% on the first day of business and ending the period with a value 6.8% below the value received on the last closing day of November last year. Even so, the average price for the month reached an increase ...
Source: Agrolink

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