Brazil: Poultry and Products Annual
Post forecasts broiler production to increase by 5 percent in 2016 to nearly 13.5 million metric tons as a result of stable feed costs and higher exports due to the depreciation of the Brazilian currency and the new market opportunities. The slow growth path in domestic demand is due to the current economic recession in the country and reduced purchasing power of consumer due to the high level of indebtedness of Brazilians and rising higher inflation rates. However, due high beef prices in the domestic market, broilers remain the affordable animal protein in Brazil.
