Despite the possibility of global price declines, Brazilian chicken meat exports will continue.
According to estimates by the country’s statistical institutes, commentators believe that chicken meat exports will continue to grow by 25 percent.
Data released by the Secretariat of Foreign Trade (Secex) and the Brazilian Ministry of Economy show that the country’s beef exports increased by 43% and chicken exports by 25% in August 2020.
Although the producers of chicken meat in this country are facing increasing the price of poultry feed, they have continued their export volume at a fixed price.
Given the above, it seems that the increase in demand for poultry products will continue in the coming months, especially since the political relations between China and the United States have been experiencing major problems.