
A study by the international InterPIG network, presented at its annual meeting in Carlow, Ireland, found Mato Grosso had the lowest live-pig production cost among the countries analyzed for 2025. Ukraine, Santa Catarina, the United States and Canada followed.
Embrapa Suínos e Aves, which represents Brazil in the network, produced a Portuguese report with cost estimates per kilogram of live pig.
Lower production costs strengthen Brazil's competitiveness in pork and imply sustained demand for feed grains and meal from Mato Grosso's hog sector. The results have limited near-term price impact on corn or soybean meal.
After 775 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.