Brazil and World

Chicken prices may keep increasing

Chicken prices may keep increasing in the following days. Three are the main possible reasons for this scenario: there is a tendency of China increase the import of chicken from Brazil, the consumption of this protein in Brazilian local market may be higher and the production costs might keep increasing. 
The African swine fever dissemination in China reduced the demand for pork and increased chicken prices. The country suffers with the shortage of live animals and the worry about food security decreases the consumption, increasing the demand for the second most popular meat in that region. In Brazil, second largest chicken producer in the world, the recovery of its economy also may boost the consumption in the local market and, consequently, this protein’s price.  
In one year, accordingly to Embrapa, chicken prices increased 14,21%. This rate surpasses the inflation of the period, which was approximately 4% and it is explained, generally, by the production costs growth. In 2018, only the nutrition costs rised 11,65%.
“As previously said, we will probably have a reduction of grains availability, this may keep the ration prices and the live production maintenance cost high”, remembers Giordano Luiz Fiorentin, KIT International Trade Market supervisor.

KIT Press
Brazil and World

Chicken is the fifth product in Brazilian shipments

The Ministry of Economy, Industry, Foreign Trade and Services released the Ranking of Total Exports from January to July and Brazilian chicken is in fifth place, corresponding to 2.84% of total exports.
Brazil and World

Meat: Increased exports may hurt supply

Brazilian exports of chicken and pork are expected to increase in the coming months and there is the possibility of a food crisis being already considered.
Brazil and World

Chicken production declines 1.5% in the second quarter of the year

Statistics show the strategy taken by producers at the end of 2018, related to poultry production in Brazil.
Brazil and World

Brazilian Agriculture Minister visits Arab countries next month

In September, Brazil's Agriculture Minister, Tereza Cristina, will travel to Arab countries and on the agenda is to expand exports and improve new products, as well as to develop the straight the poultry exports to the region.