Brazilian Broiler Production Forecast to Increase in 2015

BRAZIL - Post forecasts broiler production to increase by five per cent in 2015.
calendar icon 21 August 2014
clock icon 2 minute read

This increase will likely be driven by higher exports stimulated by the depreciation of the Brazilian currency, lower feed costs due to forecast record soybean and corn crops estimated for 2014/15 crop year, and higher world demand for the Brazilian product, especially from the Russian Federation.

Post sources also identify the high level of consumer debt in Brazil as a constraint to increased domestic demand. The outlook for turkey production and exports is for moderate growth next year.

Further Reading

You can view the USDA GAIN: Brazil Poultry and Products Annual 2014 report by clicking here.

© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.