Brazil: Poultry and Products Semi-annual
Chicken meat production is forecast to grow 1.8 percent in 2019 to nearly 13.6 million metric tons. Domestic demand should drive growth due to a projected 2.5 percent increase in gross domestic product and a lower inflation rate. Exports are to increase, but at a slower pace due to constraints in major import markets, such as Saudi Arabia and the European Union. Feed costs are likely to remain stable, despite a small reduction in the corn and soybean crops. The exchange rate is expected to be less volatile in 2019.
