Live hog prices differ across Brazil – Cepea

Live hog prices varied across Brazil, according to a recent market report based on late April surveys from Cepea. The price variations interrupted the downward trend that had been confirmed since the second week of April.

In Patos de Minas (Minas Gerais state), values rose 2% comparing April 22 and 29, to close at BRL 6.34 per kilo on April 29. Purchasers were willing to trade new batches, and this firm demand boosted quotations.

However, prices dropped in other areas, due to the pressure from purchasers, who reduced the number of deals. In the SP-5 region (Bragança Paulista, Campinas, Piracicaba, São Paulo and Sorocaba), quotations decreased 1.2% between April 22 and 29, closing at BRL 5.78/kg.

The daily average of the pork meat shipped in the 20 working days of April reached 4.3 thousand tons, 10.1% higher than in March (3.9 thousand tons), but dropped 16% in relation to the 5.2 thousand tons verified in April/23 – it is worth noting that exports were presenting a record performance one year ago.

Tags: Brazil, prices, pork meat, live hog, purchasers