Brazil and World
Chicken Prices React to the Domestic Market
Chicken prices have reacted positively in the last 30 days.
Analyzing the “Intercarnes” report, dated from Oct. 3rd and Nov. 7th, the prices increased by 7.14% on 3-joint wings, 8.7% on SBB, 8.11% on gizzards, and 32.14% on MDM.
The analysis is regarding the period of time at the beginning of each month when the domestic market consumption is heightened due to monthly income payments to Brazilian workers being distributed. This data is consistent from month to month and is not a result of market speculation.