The CEPEA Swine Bulletin for October in Brazil

The rise in live hog prices at the beginning of October ensured that the monthly average closed above that registered in September. This is because, in the last weeks of the month, the values of the animal retreated in most of the regions monitored by Cepea. It should be noted, however, that, in many squares, the October average was still lower than that of the same month in 2021. Brazilian exports of pork meat, considering in natura and industrialized products, decreased in October. According to data from the Foreign Trade Secretariat (Secex), 97.2 thousand tons of protein were shipped last month, 4.1% less than in September and 0.5% below the volume shipped in October 2021. In view of the increases in live animal prices in all markets monitored by Cepea in the first weeks of October, the monthly average for pigs was above that recorded in September. As a result, the purchasing power of pig farmers increased in relation to corn, but decreased in relation to soybean meal, given ...