Brazil: Poultry and Products Annual

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Brazil: Poultry and Products Annual

Post forecasts Brazil´s chicken production in 2021 at 14.4 million metric tons, which is an increase of 4 percent, due to higher exports and greater domestic demand. The optimism behind this outlook reflects a recovery of the Brazilian economy, currently projected to grow 3.5 percent in 2021, with continued lower inflation, a stable unemployment rate, and improved consumer purchasing power. However, fluctuations in the exchange rate, fragile world economic recovery and a resurgence of coronavirus infections are uncertainties in the animal protein industry.

Brazil: Poultry and Products Annual

Western Hemisphere, Brazil

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