Brazilian Pig Production Cost Fell in August
BRAZIL - Production costs for pigs and broilers fell for the second month in a row in August, according to Brazil's agricultural research institute Embrapa.The production cost index for pigs fell by 0.46 per cent, whilst the index for broilers fell by 2.65 per cent.
The reduction in spending on animal feed, the most important raw material in terms of production costs, was primarily responsible for the fall in costs.
The two indices reached record highs in June after Brazil struggled with a low harvest of maize.