Pork market heats up again in Brazil

Published 2024년 8월 9일

Tridge summary

The Brazilian live pig market experienced a resurgence in early August after a slight slowdown in late July, leading to price increases in most regions monitored by Cepea. Despite improved meat sales, buyers resisted price hikes for cuts. Brazilian pork exports hit a record high in July, with 137.1 thousand tons shipped, a 29.4% increase from June and a 31.5% rise compared to July of the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After a slight slowdown in live pig trading in the last week of July, the Brazilian market picked up again at the beginning of August. As a result, prices reacted in most of the regions monitored by Cepea. For meat, agents consulted by Cepea reported an improvement in sales, but some resistance on the part of buyers in accepting the transfer of increases in the price of live animals to cuts. Regarding Brazilian pork exports (fresh and processed products), data from Secex compiled by Cepea show that, in July, 137.1 thousand tons were shipped, a ...

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