Live hog price in Brazil remains unchanged throughout November

Published 2022년 11월 18일

Tridge summary

The pork market is experiencing stable retail prices, with pig farmers maintaining set prices in live pig negotiations. The average daily price in November remains below the average prices of the previous year and the past 12 years. This stability comes despite consumer weakness, with prices for next week expected to remain unchanged. The current prices are significantly lower than the average price seen in the past, highlighting a challenging market for pig farmers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The pork market continues without showing greater movement in the retail trade. Even so, pig farmers continue to sustain prices in closings made with live pigs. The result, at this moment, is an average daily price that remains unchanged throughout November, remaining below the average evolution achieved last year and in the history of the last 12 years. Had it followed the historical average, the current price would have been R$142.00, whereas due to last year's evolution it would have reached R$159.00. Negotiations with live hogs ...
Source: Agrolink

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