Brazil: Rising chicken meat prices

Published 2023년 11월 17일

Tridge summary

The price of chicken meat in Brazil is increasing, making it less competitive compared to pork and beef. The price difference between chilled chicken and pork has decreased, posing a challenge for chicken producers who need to balance production costs and attractive prices for consumers. The good performance of poultry product exports has helped maintain the value of chicken meat in the domestic market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The meat market scenario in Brazil is undergoing significant changes, with the upward trend in chicken meat prices presenting challenges to the competitiveness of this protein in relation to pork and beef. In the November partial, data reveals that whole chilled chicken is being sold at 2.57 Real/kg below the special pork carcass, reflecting a 5.7% smaller difference compared to October values. The increase in chicken meat prices has directly impacted the competitiveness of this product in the market. The reduction in the price difference in relation to pork highlights a challenge faced by chicken producers, who need to deal with the pressure of production costs and the need to maintain attractive prices for consumers. Agents in the sector, consulted by the Center for Advanced Studies in Applied Economics (Cepea), highlight that, in addition to strong domestic demand, the good performance of exports of poultry products has contributed to sustaining the domestic value of chicken ...
Source: Agrolink

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.