Corn prices are rising sharply in Brazil, and experts say the pet food industry may soon feel the impact. Corn is a key ingredient in many pet foods, offering essential carbohydrates and plant-based protein. It also makes up about 60% of the feed used for livestock such as pigs, poultry, and cattle.
The price spike is driven by a combination of climate change, poor harvests, and strong demand.
The Center for Advanced Studies in Applied Economics reported that corn prices in March reached their highest nominal level since 2022. So far in 2025, prices have jumped by 23%.
The low harvest is a major factor behind the rising costs. At the start of the 2024/2025 season, Brazil had just over 2 million tons of corn available—only about 2.4% of the country’s annual consumption. With supply so tight, some stores have struggled to keep corn in stock, pushing prices even higher across several regions.
If the trend continues, the pet food industry—which relies on corn as a cost-effective and nutritious filler—may face increased production costs, potentially leading to higher prices for consumers.
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