Feed production in Brazil increases 1.4% in the first half of the year, says Sindirações

SAO PAULO (Reuters) - Animal feed production in Brazil reached 42 million tonnes in the first half of the year, up 1.4% from the same period last year, the National Union of the Animal Feed Industry (Sindirações) reported on Monday. In the second quarter, production increased 1.1% compared to the same period in 2023, after an annual increase of 1.7% in the first quarter, Sindirações added. "The outlook for the annual horizon still reserves wide variations, such as the clear increase in feed for laying hens, beef cattle and aquaculture...", said Sindirações CEO Ariovaldo Zani. He also mentioned "more moderate expectations" regarding industrialized feed for dairy cattle and pigs. The demand for feed for broilers, the main consumer market for feed, reached 18.3 million tons in the first half of the year, stable compared to the same period last year, after registering a 1.6% decline in the second quarter. Sindirações added that the cost of feed for broilers and pigs fell by more than ...