The value of Brazilian poultry exports reached a record high in July, reports the Brazilian Association of Animal Protein (ABPA). The volume of the country’s exports of whole birds, cuts and processed poultry meat rose by 9.6 percent to stand at 371,600 tons, however, by value exports increased by 14.3 percent to be worth US$774.4 million – a record high.
Commenting on the sector’s performance, Francisco Turra, ABPA executive president, said: “The record value of exports in July, with growth in value outstripping that in volume, demonstrates a recovery in prices for Brazilian poultry exports.”
The news bodes well for the industry’s performance over the remainder of the year.
Ricardo Santin, the association’s vice president of poultry, added: “Volumes, at almost 10 percent more than in July 2013, supports the recovery predicted by ABPA for the second half and suggests a positive outlook for the remainder of 2014.”
Over the year to date, Brazil’s poultry meat exports have reached 2.274 million tons, an increase of 2 percent in comparison with the first seven months of 2013. By value, exports were worth US$4.491 billion, an increase of 5.9 percent.