Brazil: Pig farmer's purchasing power recedes in São Paulo
Published 2023년 3월 16일
Tridge summary
Pig farmers in São Paulo are experiencing a decrease in purchasing power due to a drop in live animal prices, which is putting pressure on costs like corn and soy bran. This decrease is due to a reduction in demand from the industry for new batches of pigs for slaughter. As a result, farmers are able to buy less corn and soybean meal with the sale of a kilo of pork, with measurements showing a decrease of 0.7% for corn and 0.8% for soybean meal compared to the previous Tuesday.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The drop in live animal prices in recent days has been reducing the purchasing power of pig farmers in São Paulo in terms of the main inputs of the activity, corn and soy bran. According to researchers from the Center for Advanced Studies in Applied Economics (Cepea-Esalq), the pressure on animal prices comes from the weakening of demand by the industry for new batches of pigs for slaughter. In view of this, Cepea calculations show that, on Tuesday (14) pig farmers in the region of Campinas (SP) managed to acquire 5.26 kilos of corn with the sale of a kilo of pork, 0.7% less than ...
Source: Agroemdia
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