Brazil’s pork prices varied in January due to regional demand. An increase in demand raised prices in Goiás and Paraná, while low purchasing power caused price drops elsewhere. Pork exports fell by 3.2%, averaging 4,400 tons daily and projecting a total of 95,800 tons this month.
In January, Brazilian pork prices saw variations attributed to regional demand fluctuations. According to Cepea, an increase in demand from the meat industry for new livestock was noted in independent markets of Goiás and Paraná. Conversely, price reductions occurred in areas where purchasing power remained low, impacting overall demand for pork products.
Trade data from Secex highlighted a 3.2% decline in daily average exports of in natura pork, averaging 4,400 tons over 17 production days this month. If this trend persists, total exports could reach approximately 95,800 tons by the end of the month.
The Brazilian pork market is influenced by domestic demand trends and international trade dynamics. Seasonal variations often trigger shifts in demand, affecting both live swine prices and cuts of pork. Understanding the forces at play, such as consumer purchasing power and export volumes, is vital for stakeholders in the meat industry.
Overall, the Brazilian pork market in January reflects a complex interplay between rising demand in certain regions and declining export figures. The expectation of a continued downward trend in exports may influence pricing and production strategies for local suppliers and the meat industry at large.
Original Source: www.thepigsite.com
