Brazil's Live Hog Prices Plunge Over 30% in First Four Months, Marking Largest Drop Since Records Began in 2002
2026-05-08 15:55
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en.Wedoany.com Reported - As of April 2026, cumulative live hog prices in Brazil's swine industry have fallen by more than 30%, marking the largest decline since records began in 2002. This trend has spread across several major production regions nationwide, causing severe losses for farming enterprises. It not only reflects seasonal fluctuations but also highlights the serious challenges facing the industry.

In April, the average transaction price for live hogs fell in all monitored regions. Among them, the SP-5 benchmark region, which covers Bragança Paulista, Campinas, Piracicaba, São Paulo, and Sorocaba, performed the worst, with an actual cumulative depreciation of 32.8% over the first four months. Researchers used the IGP-DI index from March 2026 for deflation and compared it with the closing price in December 2025, arriving at this worst record in over two decades. This indicates that Brazilian pork prices are at a historical low, severely squeezing farmers' profit margins.

Industry analysis suggests that Brazilian pork prices are unlikely to rebound in the short term, and the persistently low live hog prices cast a gloomy outlook for the sector. Future trends will depend on supply adjustments and the recovery of consumer demand.

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