Pig carcasses in the São Paulo market fell throughout the week and ended Friday (24) costing R$10.00/kg in Brazil

Published May 25, 2024

Tridge summary

The article highlights the trend in Brazil's agricultural market, focusing on the pig market in São Paulo. It notes a decrease in pork carcasses' prices over the week, with a more significant drop compared to beef, but a rise in pork protein prices at a faster rate than beef. In contrast, poultry protein values are declining, affecting pork's competitiveness. The article also mentions stable or slightly changing prices in other regions for live pigs, such as Minas Gerais, Paraná, Rio Grande do Sul, Santa Catarina, and São Paulo.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Friday (24) ends the week of negotiations for the pig market with stable or falling prices. The price of pork carcasses in the São Paulo market gradually dropped throughout the week. According to Cepea analysis, this month's average prices for pork and beef, both traded wholesale in Greater São Paulo, are above those seen in April. Researchers from the agency emphasize that the appreciation observed for pork protein was occurring at a more intense pace than that recorded for beef. In the case of poultry protein, also wholesale in Greater São Paulo, values are falling. Given this scenario, the competitiveness of pork has been falling compared to the main substitutes this month. According to Scot Consultoria, the value of a CIF pig in São Paulo fell by 0.75%, with an average price of R$132.00, and the special carcass dropped by 0.99%%, closing at R$10, 00/kg, on average. According to information ...
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