FAO: Brazil's two closest competitors should reduce chicken meat exports in 2024

In FAO projections, only Brazil's two closest competitors – the USA and the European Union – are expected to reduce their chicken meat exports during 2024. It is likely, however, that they are accompanied by a third country, Turkey, as the local government recently limited exports, as it understands that they have been increasing the domestic prices of the product. This should expand the range of opportunities for Brazilian chicken meat, which, according to FAO projections, should see its volume increase by almost 4%, reaching 5.168 million tons (this, considering whole chicken, cuts and salted chicken meat) . Naturally, a much higher rate of increase is expected for some countries, as is the case, for example, in Argentina (+9.32%). But the additional volume expected from Brazil (192 thousand tons more) exceeds the additional expected for the other seven exporters by almost 20%, in addition to covering the ...