Peru: Commodity Prices Hit Peruvian Livestock Industry

Commodities

Increasing corn and soybean meal prices are affecting livestock producers’ bottom line. Poultry and dairy producers are the most affected. In 2020, Peru’s livestock industry utilized 5 million metric tons (MMT) of corn of which only 1.2 MMT was produced locally. Peruvian soybean meal imports reached 1.3 MMT in 2020.

Peru: Commodity Prices Hit Peruvian Livestock Industry