Live hog prices show distinct regional trends

Live hog prices show distinct regional trends
Live hog prices show distinct regional trends
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Live pig prices showed varied behavior in different regions of Brazil at the end of April, according to information from the Center for Advanced Studies in Applied Economics (Cepea).

In Minas Gerais, there was an increase in prices, driven by greater activity from buyers and the consequent acquisition of new batches of animals. On the other hand, in other regions, prices continued to fall, influenced by weaker demand.

In the pork market, despite the devaluation observed in carcasses throughout the month, there was an improvement in sales at the end of April, as reported by sector agents consulted by Cepea.

As for foreign trade, preliminary data from the Secretariat of Foreign Trade (Secex) show an increase in pork exports.

In the first 20 working days of April, 86.8 thousand tons of fresh pork were shipped, a volume that exceeds the total sent abroad in the previous month. If the pace of exports continues, it is estimated that the total will reach around 95.4 thousand tons, which would represent the largest volume exported in 2023 to date.

The article is in Portuguese

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