Swine farmers in Brazil achieve a significant readjustment at the end of last week

Published Feb 6, 2023

Tridge summary

The pork market experienced a surge in live pig closures due to limited barley supplies for breeding and the need for slaughterhouses to increase slaughter scales. This resulted in a significant increase in the average price of live hogs, reaching the same value as last January and showing substantial increases over the same day last year and the day before. The market is showing positive movement, with all links of the negotiation chain active, providing pig farmers with an opportunity to add value to their product.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On the last day of business last week, the pork market showed pig farmers with limited supplies of barley in the breeding base and, on the other hand, slaughterhouses needing to increase slaughter scales in preparation for the good prospects of the current week. The result was a strong increase in closures performed with live pigs. The readjustment – 1st of the week, 1st of the month, 2nd of the year – raised the average price of live hogs to the value practiced in the same period of last January, while pointing to significant increments of 51.3% and 26.6% over, respectively, same day last year and the day before. The ...
Source: Agrolink

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