Post forecasts both beef and pork production to continue to increase in 2018 to 9.9 and 3.8 million metric tons, respectively. Solid exports, mostly to China, and domestic demand are pushing beef production upwards. Pork production is going up despite export constraints, mostly in Russia, and higher feed costs in 2018. The expected growth of the Brazilian economy in 2018 with declining inflation and unemployment rates and higher consumer confidence are main drivers expanding consumption of animal proteins.
Brazil: Livestock and Products Annual