Firm demand, limited supply raise Brazil pig prices – Cepea
Brazil live swine and pork meat prices increased less in late November. Still, they hit nominal records because of the limited supply of animals and the firm demand, according to a recent market report from Cepea.
In the SP-5 region (Bragança Paulista, Campinas, Piracicaba, São Paulo and Sorocaba), for instance, live pig prices closed at BRL 10.14/kg on November 26, the highest level of Cepea series (since 2002).
Concerning the pork meat market, values of the special carcass traded in the wholesale market of the Greater São Paulo hit the record of BRL 15.14/kg on Nov. 25.
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