Brazil: Poultry and Products Semi-annual
Broiler meat production will grow 2.6 percent in 2018 to nearly 13.5 million metric tons. Domestic demand drives growth due to economic recovery, lower inflation and a projected 3 percent increase in the Gross Domestic Product. Exports are to increase, but at a slower pace due to constraints in major import markets, such as China. Feed costs are likely to increase which will reduce producers’ profit margins. A volatile exchange rate will remain through the year due to the presidential election.
