Pork values still moving down

Since the beginning of April, Brazilian cattle prices have been increasing soften, even with buyers' retreat. The ESALQ/BM&F Index (Sao Paulo state) upped 0.6 percent in Real and 1.8 percent in dollar over March 30th, closing at 56.30 reals or 27.64 dollars per arroba this Monday, April 16th. For calf (Index - Mato Grosso do Sul state), the increase reaches 1.4 percent in Real and 2.6 percent in dollar since the beginning of April, averaging 407.55 reals or 200.07 dollars.

In the poultry market, the Brazilian record exports in March reduced the domestic supply. In this context, after decrease during March, the living animal and poultry meat prices returned to move up. Until this Monday, April 16th, the living animal valuated 18.2 percent in Real in Campinas (Sao Paulo state), closing the period at 1.50 real or 0.74 dollar per kilo.

For the pork, even with the record exports, the domestic prices have been moving down during this month. The hog carcass, for example, dropped 4 percent in Real in the wholesale market of Sao Paulo city, closing at 2.31 reals or 1.13 dollar per kilo this Monday.



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