Exports push up chicken prices
The prices of chicken meat and live poultry are up on Brazil's domestic market, says the Center for Advanced Studies in Applied Economics (Cepea).
"Exports have reduced domestic supply. As a result, most slaughterhouses have reported difficulties in finding live poultry for slaughter at the beginning of September, " Cepea says in a statement. According to Cepea, slaughterhouses are taking on poultry at below the ideal weight to meet demand.
In August, frozen chicken prices rose by 5.39%, says Cepea. Prices in the state of São Paulo ended last month at R$ 3.59 a kilo. In the early days of this month, rises have continued, and are now at R$ 3.66 a kilo.
Information provided by Globo Rural