Hog prices post record fall in Brazil's SP-5 region
April decline is steepest in Cepea's 24-year price series
15 May 2026
1 minute read
By: Live hog prices fell across all regions surveyed in April, according to Cepea. The SP-5 region, covering Bragança Paulista, Campinas, Piracicaba, São Paulo and Sorocaba, recorded the sharpest year-to-date drop in the organisation's historical series dating back to 2002. In real terms, prices in that region have fallen 32.8% between December 2025 and April 2026.
The April average in SP-5 settled at BRL 5.94/kg, down 14.3% on March. In the west of Santa Catarina state, prices dropped 15.6% to average BRL 5.77/kg.
The picture is one of competing pressures: strong international demand for Brazilian pork has tightened domestic supply, but weak consumer spending inside Brazil has continued to weigh heavily on prices.
