
Brazilian chicken prices rose 5% to 7% week-on-week in week 14, reversing a months-long bearish trend. Analysts attribute the move to Middle East conflict-driven fuel costs that raised barge rates, with Cepea expecting lower slaughter volumes and softer exports in the coming quarter.
Higher fuel and barge costs raise production and transport expenses, while expected tighter Brazilian supply and post-Lent demand support prices. Narrowing the discount to Thai chicken signals firmer global poultry pricing.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.