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Brazilian wholesale chicken prices rose in September, the first monthly increase since May's avian flu outbreak in Rio Grande do Sul. Frozen chicken in São Paulo averaged R$7.35/kg, up 4.85% from August as export markets reopened.
Reopened export markets and firmer domestic demand are lifting Brazilian chicken prices and supporting the outlook for the fourth quarter. Higher poultry prices also improve the earnings outlook for major Brazilian meat processors.
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.