Evolution and price relationship between Brazil and the USA in the export of chicken meat

Published Mar 7, 2023

Tridge summary

From January 2000 to February 2023, Brazil's fresh chicken meat exports were, on average, 55% more valuable than those of North America, according to FAO data. Only twice during this period did Brazilian prices fall below the average, once in the early 2000s and once during the pandemic. The pandemic also led to a shortage of Brazilian chicken meat. In the first two months of 2023, a new price drop occurred, but US prices fell to levels higher than Brazilian prices, resulting in a Brazilian margin of around 60% in the two-month period.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

FAO data indicate that, in the 23 years and two months between January 2000 and February 2023, fresh chicken meat exported by Brazil reached, on average, a value 55% higher than that obtained by North American exporters. Justified: the Brazilian supply is more diversified than that of the USA, until recently concentrated on the export of chicken drumsticks/drumsticks. In this almost quarter of a century, on only two occasions have Brazilian prices remained below the average for a longer period of time: in the early 2000s and, more recently, during the pandemic. In neither case was there a price reduction: only the margin retreated. The fall at the beginning of this century corresponded to the moment when Brazil was moving towards world leadership in the sector, which occurred in 2004 and since then has not been abandoned. The most recent reduction shows the effects that Covid-19 had on Brazilian exports. Thus, after a five-year period (2015/2019) of ups and downs, but of relative ...
Source: Avistie

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