2014 Broiler Production Forecast to Rebound22 August 2013
BRAZIL - Post forecasts broiler production to rebound by 3 per cent in 2014.
This increase will likely be driven by higher exports stimulated by the depreciation of the Brazilian currency and lower feed costs due to record soybean and corn crops estimated for 2013/14 crop year.
Post sources also identify the high level of consumer debt in Brazil as a constraint to increase domestic demand.
The outlook for turkey production and exports is for moderate growth next year.
You can view the USDA GAIN: Brazil Poultry and Products Annual 2013 by clicking here.
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