Suffering a strong setback, the price of live chicken in Minas equals that of the interior of São Paulo in Brazil

Published 2023년 1월 4일

Tridge summary

In December 2022, live chicken prices in Minas Gerais suffered a significant decrease, dropping by 7.5% in just one week, leaving the price at R$5.00/kg, the same as in São Paulo. This reduction occurred over five consecutive weeks, marking the end of a period where Minas Gerais saw higher prices. Compared to the previous year, São Paulo's chicken prices remained stable, while Minas Gerais experienced a 6.38% increase. The price fluctuations in both regions continue to be influenced by unscheduled offers and discounts.

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

Original content

After remaining since the end of November with a value higher than that of São Paulo, in the last week of 2022 the price of live chicken traded in Minas Gerais suffered five consecutive reductions that resulted, in total, in a loss of 40 cents, almost 7.5 % less in just one week. Thus, it ended 2022 (and started 2023) with reference to the exchange rate of R$5.00/kg, the same value in force in the interior of São Paulo since last December 20. However, as is typical at the time (beginning of a new fiscal year), the price in effect remains a mere reference, as unscheduled offers continue to be subject to variable discounts. Accepting the base value, live chicken from Minas Gerais faces, in 30 days, a reduction of 7.41%, an index that in São Paulo exceeds 9%. Compared to the values in ...

Source: Avistie