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The cost of producing live pigs in Santa Catarina fell 0.62% in October, from R$6.55 to R$6.51 per kilogram, according to Embrapa Suínos e Aves data. Meanwhile, the average price paid to producers in the state rose 22.7% to R$5.79/kg, per Cepea, and the SP-5 region reached R$6.57/kg.
Live hog prices rallying on tighter market-weight supply and firm industry demand, while feed still costs 5.55% more year on year, squeezes margins for buyers of feed and raises the cost of meat-based feed inputs.
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