Brazil: Monday (5) with slight increases for live pigs in RS and SP

Published Aug 6, 2024

Tridge summary

The pig market prices in Brazil remained largely stable on this Monday, according to Cepea's analysis. However, there has been a consistent rise in the average prices of live pigs and meat over the last three months, hitting their highest since April 2021. This increase is due to the growing demand for new batches of pigs for slaughter to meet both domestic and international demands. The value of a CIF pig in São Paulo also remained stable at R$ 149.00, and the special carcass price ended at R$ 11.80/kg. There was a slight increase in the live pig prices in Rio Grande do Sul and São Paulo, but they remained unchanged in Minas Gerais, Paraná, and Santa Catarina.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This Monday (5) saw few changes in pig market prices. According to an analysis by Cepea, the average monthly prices of live pigs and meat have been rising for three months in a row. In July (until the 30th), the live animal average is the highest since April 2021, in real terms (deflation by the IGP-DI of June/24), in some areas monitored by Cepea. According to researchers at the agency, the boost comes from the greater demand for new batches of pigs for slaughter to meet internal and external demands. According to Scot Consultoria, the value of a CIF pig in São Paulo remained stable, with an average price of R$ 149.00, as well as the special carcass, closing at R$ 11.80/kg, on average. According to information from Cepea/Esalq on the Live Pig Indicator, ...
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