Higher demand pushes Brazil chicken meat prices
Domestic market supply on the low side
6 October 2023
1 minute read
By: Chicken meat prices rose high in the Brazilian market in the first fortnight of September, influenced by both higher demand – which is typical in that period of the month because of the payment of workers’ salaries – and lower supply in the domestic market, according to a recent report from Brazil's Center for Advanced Studies on Applied Economics (Cepea).
In the wholesale market of the Greater São Paulo, whole frozen chicken valued 12.3% between August 31st and September 15th, to BRL 7.12/kg on Sept. 15th. For the chilled product, prices rose 12.6% in the same period and region, to BRL 7.13/kg on Sept. 15th.
In Porto Alegre (RS), values increased even higher: 5.2% for both frozen and chilled chicken, to BRL 9.72/kg (both) on Sept. 15th.
