Pork prices show signs of reaction in Brazil

Published 2022년 12월 20일

Tridge summary

The article highlights the improved flow of pork in the Brazilian market due to increased demand from slaughterhouses, particularly in the second half of the year. However, there are concerns about potential decreased exports to China due to high pork prices, which could lead to a slowdown in Brazilian pork exports. Additionally, the cost of production remains a challenge for independent pig farmers, leading to an increase in the average price per kilogram of live pigs and pork products across various integration markets in Brazil. From December 2021 to December 2022, there has been a significant increase in the average daily value, quantity, and price of Brazilian pork exports, with a notable 26.8% increase in the average daily value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the SAFRAS & Mercado Analyst, Allan Maia, the growth in demand from slaughterhouses is also positive, with them adjusting stocks for the end of the year, also assessing that the flow of meat is improving at this time. Consumption at the final end tends to be heated in the second half of the year, favored by the entry of the second installment of the thirteenth into the economy and by the festivities. “Apart from the final tip, the market tends to lose some liquidity, especially in the last working week of 2022”, says the analyst. For Allan, one point to be closely monitored is the pace of Brazilian exports, which may slow down over the next few weeks. China's pork chain prices are under pressure, which may lead them to act timidly on imports. The cost of production is still a concern for pig farmers, especially independent ones. A survey by SAFRAS & Mercado pointed out that the average price per kilogram of live pigs in the country increased 4.05% in the week, from R$ ...

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