Brazil: Migration from beef to pork favored consumers in October

Published 2022년 11월 29일

Tridge summary

Research by the Institute of Agricultural Economics in São Paulo has shown a decrease in the amount spent on beef and pork per kilogram, leading to an increase in the amount of pork purchased by consumers. In October, for example, one kilogram of beef could buy 1.844 kilograms of pork, marking a 4.6% increase from the previous year. The ratio of pork purchased with beef funds has seen an annual growth of 12.3% from January to October 2022 and a 12.5% increase from November 2021 to October 2022.

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

Original content

Research carried out by the Institute of Agricultural Economics in several establishments in São Paulo showed that the amounts paid for the purchase of a kg of beef and pork had a drop among consumers. As pork had a smaller drop in relation to beef, there was an improvement in the amount of pork purchased by the population with the expenditure necessary to acquire a kg of beef. The ratio shows that, in October, with the amount spent on the purchase of one kg of beef, the consumer was able to purchase 1.844 kg of pork, increasing the amount by 4.6% compared to the same period last year, when acquired 1.703 kg. In the first 10 months of 2022, the ratio ...

Source: Agrolink