Brazil: Pig performance on the farm in the 9th week of 2023

The result was an average weekly price of R$116.52 per arroba for a live hog, which meant a 3.8% drop over the previous week and a 27.1% increase over the same week last year. For now, the accumulated average price at the beginning of March reached R$115.65, signaling increases of 0.2% compared to last February and 30.4% over March of last year. During the current week (10th week of 2023, March 5th to 11th) the consumer will be completely reestablished in their purchasing capacity. And this may favor ...