Brazil chicken prices decline in April - Cepea

Oversupply, lower demand cited as the cause
calendar icon 7 May 2024
clock icon 1 minute read

Prices for Brazilian chicken products decreased from March to April, according to a recent market report from Cepea. Prices decreased in almost all regions surveyed by Cepea, except in Toledo (Paraná). Low demand and high supply is driving prices down. 

Whole chicken prices in the Greater São Paulo region declined 1.9% in April compared to March, averaging BRL 6.86/kg. As for the frozen product, the decrease was 2.2% in the same period, at BRL 6.87/kg last month. High supply influenced the downward trend.

In Toledo (Paraná state), on the other hand, quotations for the whole chilled chicken rose 2.3% from one month to another, to close at BRL 9.16/kg. Concerning the whole frozen chicken, the increase was 2.1% compared to March, at BRL 8.92/kg in April. In this case, the firm demand and the higher liquidity allowed players to make positive adjustments in prices.

In 20 working days of April, exports of in chicken meat totalled 421.6 thousand tons, moving up 7.7% compared to March and 3% against April/23, according to data from Secex.

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