Brazilian chicken and pork producers set for record year

Published 2024년 8월 2일

Tridge summary

Brazilian chicken and pork processors are set to produce and export record volumes of both products this year, with chicken production projected to grow by up to 1.8% to 15.1 million metric tons, and pork production expected to rise by 1%. Chicken exports are predicted to increase by 2.2% to 5.25 million tons, despite temporary trade bans following a Newcastle disease outbreak. Pork exports could see a boost of up to 7.7% in 2024, reaching 1.325 million tons. This increase could be further aided by potential dumping measures by China against European pork processors, which could benefit Brazil, the US, and Canada.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazilian chicken and pork processors are poised to produce and export record volumes of both this year, according to revised projections by meat lobby ABPA, which represents companies such as JBS and BRF, reported Reuters. Chicken production in Brazil, the world's top supplier, is expected to grow by up to 1.8% this year and reach 15.1 million metric tons. The outlook is also positive for pork processors, who are expected to increase output and exports due to the benign effects of lower pork production and exports out of Europe, ABPA said. Chicken exports are projected to rise by as much as 2.2% to 5.25 million tons, even after a recent outbreak of Newcastle disease which triggered temporary trade bans that remain in place. Chicken exports from the country are still blocked nationwide to countries like China, Mexico and Argentina. Regional embargoes on exports from Rio Grande do Sul, where the outbreak occurred, remain in place for sales to countries including Russia, Saudi ...

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