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While Brazil’s poultry meat production may have risen last year, its home market offered few opportunities. It was in export markets where Brazilian chicken was in demand.
Demand for chicken meat is expected to stay strong through the remainder of this year, but production costs will remain high; and the outlook remains clouded by considerable uncertainty.
Less than one week after Tyson Foods closed two poultry plants it deemed inefficient, the company’s CEO said it is looking at the efficiency of all of its facilities.
Cross-party committee will investigate how profitability and risk are shared in the food supply chain and how they are monitored, offering some hope to the country’s suffering egg sector.
Brazil-based poultry and pork company BRF has gained additional clearance to ship products to China, the company said in an announcement to the market on its investor relations webpage.
Subway, once the biggest fast-food chain in the world, closed hundreds of stores in the U.S. last year and is now looking for a buyer at $10 billion. What happened?