The second half of March brought an increase in the prices of live pigs and pork, after a period of decline observed at the beginning of the month. According to analyzes by the Center for Advanced Studies in Applied Economics (Cepea), this price recovery was not uniform across all regions.
While in some areas the recent rise has resulted in an increase in the March average price compared to February, in others the sharp devaluation in the first half of the month has led to a reduction in the monthly average.
In early March, the supply of pigs exceeded demand, putting pressure on the values of both live animals and meat.
However, the second half of the month saw a more balanced supply in relation to demand, which contributed to the rise in prices. Despite this recovery, in recent days there has been a retraction among buyers in purchasing new batches of animals.
This decrease in purchasing activity is attributed to the Lent period, which traditionally favors an increase in demand for fish meat to the detriment of red meat, according to information from market agents consulted by Cepea’s Animal Protein team.
