Wedoany.com Report-Nov. 14, Average live hog prices declined across Brazil in October, according to data from Cepea, as domestic demand weakened, especially in the second half of the month. The decrease followed September’s yearly highs and was influenced by reduced purchases from meatpackers, which placed pressure on market activity.

Analysts noted that pork’s reduced competitiveness compared with beef and chicken contributed to the downward trend. In September, pork recorded its narrowest price advantage of 2025 relative to other major proteins, a development that triggered slight price declines. These declines continued into October, reflecting shifts in consumer preference and purchasing patterns.

Looking ahead to November, market participants expressed differing expectations for price movements. Some industry observers anticipate a recovery, supported by limited supply and increased demand during the year-end period. They believe that seasonal consumption patterns and constrained availability could help stabilize or lift hog prices.

However, other analysts remain cautious. They noted that September’s elevated price levels may result in higher retail costs for pork, which could reduce consumer willingness to purchase the product. If this occurs, demand may not strengthen enough to support a price rebound, leading to continued volatility in the near term.

Overall, the Brazilian hog market is adjusting to shifts in domestic consumption and the competitive landscape among major proteins. The interplay between supply constraints, retail price sensitivity and consumer choices will shape price developments as the sector moves through November and approaches the end-of-year period.