With global corn prices rising, poultry producers in South America appear to be preparing to cut production.
According to global statistics, corn production will be very close to consumption by next year, so reducing prices seems a bit unlikely.
Although many experts attribute such problems to climate change, poultry producers should not forget that off-season harvests will not be able to make up for the shortfall.
Experts believe that even after the harvest of the next crop year, prices are likely to remain high.
Such perspectives lead the poultry industry to prepare itself to increase production costs.
One of the measures that the industry will take to reduce the problems following the above shortages is the readiness to reduce production by the end of this year.
The amount of production in this sector is directly related to the amount of corn and soybeans.
Finally, some economic analysts believe that this reduction could go up to 10% of current production.