Tough start to year for Brazil poultry producers
Lower retail prices and high input costs reducing margins
The new year has started poorly for the Brazilian poultry industry, says the country’s Center for Advanced Studies on Applied Economics.
Falling prices for live birds and poultry meat are putting pressure on producers, who continue to cope with high feed prices. Independent producers saw their purchasing power fall by 30% over the first 19 days of January, according to the center.
Despite this difficulty, some analysts still believe that 2012 will be a positive year for Brazil’s poultry producers, particularly as demand for Brazilian chicken grows in China.