Uruguay: Purchasing power of pork products fell in September

게시됨 2024년 10월 2일

Tridge 요약

The article highlights the stability of corn prices in September at US$ 225 per ton, despite a slight decrease in fat pork prices to $85 per kilogram. The appreciation of the dollar by 2.08% led to a 2.24% decrease in pig producers' purchasing power compared to August. However, when compared to September 2023, their purchasing power increased by 21.75% due to a combination of lower corn prices and a stronger dollar. Additionally, Uruguay has seen a slight increase in pig slaughter, particularly among puppies and piglets, with a total of 100,141 heads slaughtered in the first nine months of 2024, marking a 2.8% increase from the same period last year.

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원본 콘텐츠

According to data from the Chamber of Commerce of Country Products (CMPP), the average value of a ton of corn remained stable at US$ 225, which represented a relief compared to the previous month. However, the price of fat pork experienced a slight decrease of 0.23%, trading at $85 per kilogram. In addition, the dollar appreciated by 2.08%, going from $U 40.33 to $U 41.17 between months. As a result, pig producers managed to buy 9.18 kilos of corn for each kilo of pork sold, which meant a 2.24% drop in their purchasing power compared to August. Despite this monthly drop, when compared to September 2023, purchasing power increased by 21.75%, driven by a 19.6% reduction in the price of corn and a 7.1% appreciation of the dollar. Regarding the price of pork, data from the Farmer Observatory of the General Directorate of Farming (Digegra/Mgap) and the Metropolitan Agri-Food Unit (UAM) indicate that in September, the kilogram on the hoof, placed in the meat processing plant, was quoted ...

출처: Infopork