Brazilian live pig prices on the rise

Prices up 10% from June
calendar icon 25 July 2023
clock icon 2 minute read

The monthly average price for live pigs delivered to meat processors in Brazil is rising high in July. This is an upswing after prices dropped between May and June, according to a market report from Cepea.

The upward trend of prices, which has been observed in all the regions surveyed by Cepea since the second fortnight of June, has been stronger this month because of the typical demand increase in the first fortnight, due to the payment of salaries to the population. With higher demand in the retail market, agents from meat processors increased the purchases of slaughter pigs.

Thus, in the SP-5 region (Bragança Paulista, Campinas, Piracicaba, São Paulo and Sorocaba), the average price for live pigs delivered to meat processors in the first fortnight of July (3rd – 14th) closed at BRL 6.63/kg, a staggering 10% up from that in June. In Ponte Nova (MG), the average in the first fortnight closed at BRL 7.03/kg, 14.5% higher, in the same comparison.

In southern Brazil, quotations rose high too. In Arapoti (PR), live pig prices (delivered to meat processor) increased 10.5% between June and the first fortnight of July, to BRL 6.52/kg. In Braço do Norte (SC), quotations increased 11.4%, to BRL 6.04/kg. And in Erechim (RS), values rose 7.66%, to BRL 6.32/kg in the first half of the month.

In the market of pork meat, the quotations for the special carcass rose too. In the wholesale market of the Greater São Paulo, prices rose a staggering 10.4%, to BRL 9.88/kg, on average, in the first fortnight of July.

© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.