Price of live pig goes up 10%

After consecutive falls in the pigmeat market, the price of live animal have risen strongly, as announced yesterday, the Center for advanced studies in applied economics (Cepea).
According to a survey of researchers at Cepea, the SP-5 region (Bragança Paulista, Campinas, Piracicaba, São Paulo and Sorocaba), an increase of 10.4% between 12 and 19 July, with the price paid to the producer to the average of $3.85/kg of live pig.
"With the resumption of the good pace of exports, the offer of independent market contract is not high. In addition, the availability of live pig producers in São Paulo is also restricted, "highlights the Cepea, in a note.
According to the survey, meat prices also have risen in recent days, driven by the high of live. Wholesale of greater São Paulo, the special housing recorded an increase of 3.4% between 12 and 19 July, with the pound to R $5.83 in the period. The price of common housing presented high 9% in the same range, reaching R $5,63/kg