Pork prices continue to rise in Brazil – Cepea

Brazilian price averages for pork, chicken meat and beef were moving up in the wholesale market of the Greater São Paulo in mid-February, according to a recent market report from Cepea. However, price rises have been more significant for pork meat, which has led this product to lose competitiveness compared to others.

Increases for pork meat values were attributed to the slightly low domestic supply and to the firm demand. However, players from Cepea say that the pace of sales reduced in the middle of February, which can press down quotations in the coming days.