Feed costs additionally on the upward push
Brazil’s reside hog values had been expanding in mid-November, in line with a contemporary marketplace document from Cepea.
On the other hand, value drops registered firstly of the month have led the partial moderate (as much as Nov. 13) to be nonetheless less than that verified in October.
As for corn and soybean meal, an important inputs for elevating hogs, quotations had been shifting up from October to November within the home marketplace. This state of affairs has been decreasing the acquisition energy of swine farmers in opposition to those inputs in São Paulo, Cepea stated.