Pigs/Cepea: Low demand for live pigs and meat puts pressure on prices

by time news

2023-08-31 19:13:26

Live pig and meat prices continue to fall in most regions followed by Cepea. According to data collected, this scenario is due to the typical weakening of domestic demand at the end of the month and the increase in competition with beef protein, whose availability in the market is also high. In the pork market, the decrease in demand for protein has led industries to demand a smaller volume of hogs for slaughter, resulting in pressure on animal prices.

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