Brazil pork prices climb on stronger demand and wage boost

Source:  The Pig Site
свинина мясо

Firm demand drove up prices for live pigs and pork meat across nearly all regions surveyed by Cepea in early August, according to a recent market report.

Market players pointed to Brazil’s Father’s Day (August 10) and a seasonal rise in purchasing power following early-month wage payments as key factors behind the increase in demand.

In the SP-5 region—which includes Bragança Paulista, Campinas, Piracicaba, São Paulo and Sorocaba—live pig prices paid by processors jumped 10.5% between July 31 and August 15, reaching an average of 8.82 reais per kilogram ($1.62 US) on August 15.

As for special pork carcasses, which saw sluggish sales in July, early August brought improved liquidity. In the wholesale market of Greater São Paulo, prices rose 11.6% in the first half of the month, averaging 12.96 reais per kilogram ($2.39 US) on August 15.

Discover more about аgri market developments at the 11 International Conference BLACK SEA OIL TRADE on September 23 in Bucharest! Join agribusiness professionals from 25+ countries for a powerful start of the oilseed season!

Tags: , , , ,

Got additional questions?
We will be happy to assist!