Domestic demand for chicken meat rises in Brazil in early May

Sellers were able to raise prices as a result
calendar icon 19 May 2023
clock icon 1 minute read

According to a market report from Brazil's Center for Advanced Studies on Applied Economics (CEPEA), demand for chicken meat increased in early May. As sales increased, sellers were able to raise the prices of both chicken meat and live chickens, according to the report

In the market of chicken meat, the quotations for whole chicken increased in the first fortnight of May in nearly all the regions surveyed by Cepea. In the wholesale market of the Greater São Paulo, the frozen product valued 3.4% between April 28th and May 13th, to BRL 6.68/kg on May 12th. In Porto Alegre (RS), values remained stable, at BRL 9.23/kg on May 13th. For the chilled product, prices increased 2.9% in SP, to BRL 6.68/kg on May 13th. And in Porto Alegre, values remained stable, at BRL 9.23/kg.

As for chicken cuts and giblets, the quotations of nearly all the products surveyed by Cepea increased in the first half of May too. And for live chicken, farmers took advantage of the high liquidity of chicken meat and raised asking prices for live animals. On the average of the regions in São Paulo State, prices closed at BRL 5.02/kg on May 12th, an increase of 6.3% in the fortnight.

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