In Brazil, the price of slaughtered chicken in the 1st fortnight in March, better than in February but still below January

Published 2023년 3월 23일

Tridge summary

Chicken prices in the market saw a significant increase in the first half of March, with an average price rise of nearly 10% compared to the beginning of February. Despite this, the prices were still slightly below the average seen in January, likely due to the influence of the holiday season. However, the bi-weekly period ended with prices reaching the lowest in the last 11 months. The price increase was approximately 8.5% from the previous year's same period, or around 4% when adjusted for the past year's inflation.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first half of March, after four consecutive months of decline, slaughtered chicken once again experienced appreciation, reaching an average price almost 10% higher than that recorded in the first half of the previous month, February. But it still remained with a difference of less than 2.5% compared to the average value reached last January. In any case, it is worth remembering that part of the initial prices in January reflect, by inertia, market conditions during the Festive period. Thus, it is likely that the best average of the current year was recorded in the first half of March. Even so, the fortnight ended with the worst result of the last 11 months. That is: ...

Source: Portal Do Agronegocio