Brazil: With weakened sales, chicken meat prices fall in May
Frozen Chicken Cut
Frozen Whole Chicken
Brazil
Published Jun 4, 2022
Tridge summary
The low purchasing power of the Brazilian population, weakened mainly by the advance of inflation and the cost of food in the country, limited sales of chicken meat in May. In addition, the high level of protein prices in the domestic market between the end of April and the beginning of May also made it difficult to sell the product. In view of this, many sellers consulted by Cepea reduced their trading values throughout the month, as a way of avoiding the accumulation of inventories.
Original content
From April to May, the average value of frozen whole chicken dropped 5% in the wholesale of Greater São Paulo, passing to R$ 7.51/kg in the last month. In the cuts and offals market in Greater São Paulo, among the products monitored by Cepea, the thigh with frozen thighs recorded the biggest devaluation, from 7.6% from April to May, at R$ 7.62/kg in the last month . The fall in meat prices, in turn, also resulted in a slight negative adjustment in live chicken prices in part of ...
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