Poultry decreased 0.33 BRL/Kgs or 4.37% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Poultry reached an all time high of 8.60 in September of 2021.
Poultry is expected to trade at 7.51 BRL/Kgs by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 7.80 in 12 months time.