Despite the epidemic, the meat industry in Brazil has grown

Published 2020년 12월 10일

Tridge summary

Brazil's chicken and pork production is projected to see growth in 2020 and 2021, with chicken production expected to increase by 4.2% to 13.8 million tons in 2020, and pork production expected to rise by 8% to 4.3 million tons. Chicken exports are predicted to reach 4.23 million tonnes, a slight increase of 0.5%, with China and Saudi Arabia being the main buyers, while pork exports are anticipated to surge by 37% to 1.03 million tonnes, primarily to China due to African swine fever. Despite these positive trends, the pork industry faces challenges such as higher grain costs and uncertainties about the government's support program for low-income households. In the next year, Brazil plans to increase chicken production by up to 5.5% to 14.5 million tons and pork production by 3.5% to 4.4 million tons, with Canada emerging as a potential new market for pork exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The volume of chicken delivered to the market is likely to have increased by 4.2 percent to 13.8 million tons this year, according to full-year forecasts. Exports could total 4.23 million tonnes in 2020, an increase of 0.5 percent. China and Saudi Arabia have bought most of Brazil’s chicken exports, a lobbying organization called ABPA said. Pork production could total 4.3 million tonnes, an 8 per cent increase, according to ABPA 2020 data. Pork exports could reach 1.03 million tonnes this year, an increase of 37 percent and an all-time record. China accounted for 50 percent of demand in the first 11 months of the year. Chinese swine fever obviously played a significant role in this. Although some companies generally performed well during the crisis, challenges remain, said Ricardo Santin, president of ABPA. Higher grain costs arose due to speculation in the corn market amid scarce supply. Ricardo Santin also raised doubts about the extent to which the government’s support program ...
Source: AgroForum

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