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Pig Prices Continue Falling, Inputs Recede Further

by 5m Editor
26 March 2013, at 8:01am

BRAZIL - According to a survey conducted by Brazil's Centre for Advanced Studies on Applied Economy (CEPEA), there is bearish movement in the price of live pigs persisting in all regions of the country.

According to CEPEA, this is a reult of weak retail pork demand. Producers and wholesalers have not yet identified changes in demand due to federal tax exemption.

Despite these losses, important inputs such as corn and soybean meal have even greater devaluations, providing improved purchasing power for pig farmers.