en.Wedoany.com Reported - In May, the competitiveness of Brazilian pork relative to both beef and chicken strengthened, with the price spread against beef widening to a record level and the spread against chicken narrowing significantly.

In the first 26 days of May, the price of special pork carcasses traded in the Greater São Paulo wholesale market fell 3.7% from the April average, reaching 8.68 reais per kilogram. This real price (deflated by the IPCA of April 26) marked the lowest level since October 2018 (when it was 8.54 reais/kg).

Cepea researchers indicated that the price decline is mainly linked to persistently weak domestic demand this year.

Against this backdrop, the price spread between beef carcasses and pork carcasses widened to 16.56 reais/kg, up 2.1% from April, reaching the highest real price level since Cepea began this statistical series in 2004.

The price spread between pork and chicken, meanwhile, dropped sharply by 23.4% from April to the first 26 days of May, falling to 1.39 reais/kg, the lowest level since April 2022 (when it was 1.15 reais/kg). A smaller spread indicates stronger competitiveness of pork relative to chicken.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com