Brazil: Santa Catarina records drop in corn production and record in pig farming

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Published Jan 26, 2024

Tridge summary

Santa Catarina saw a record high in pig production last year, with 17.86 million pigs sent to slaughter, marking a 2.1% increase from 2022. However, a decrease in corn supply due to climate issues is expected to raise meat production costs. Despite a 6.7% reduction in the state's corn production compared to the 2022/2023 harvest, the market outlook remains positive with corn prices expected to rise. The state also experienced a 9.3% increase in pork exports, generating revenues of US$1.57 billion, a 9.7% growth from 2022.

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Original content

On the other hand, the same newsletter presented a survey of pig production in Santa Catarina during the last year, which was a record. The two production chains are interconnected, as the decrease in corn supply tends to increase meat production costs. The estimate was reduced due to the cultivation area. According to the Socioeconomics and Rural Development analyst at the Center for Socioeconomics and Agricultural Planning (Epagri/Cepa), Haroldo Elias, data for the month of December indicate a reduction of approximately 6.7% in total state production, compared to the harvest. 2022/2023. This impact could be even greater depending on the survey that will be carried out by the end of January and will focus on assessing productivity. “In crops already harvested, especially in the Far West, productivity was well below initial expectations, mainly due to problems caused by excessive rain”, he explains. In market terms, the outlook for corn this year is positive. Prices are expected ...

Source: Portal Do Agronegocio