According to data released by the Center for Advanced Studies in Applied Economics (Cepea), live pig prices continue to fall sharply in most markets monitored by Cepea.
The declines in the independent market occur due to the weakened demand for meat, which is lower than supply. The industry, which, in general, has been working with reduced production, purchases fewer batches of pigs on the independent market.
In April, pigs depreciated by 20.3% in the SP-5 region (Bragança Paulista, Campinas, Piracicaba, São Paulo and Sorocaba), reaching R$ 4.21/kg on Wednesday, the 15th.
As for inputs, although prices have also been weakening in recent days, the devaluation of pigs has been more intense, pushing the current exchange rate of live animals for corn or soybean meal to the lowest level since September 2018.
Source: Industrial Pig Farming
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