Reuters – Brazilian chicken processors including heavyweights JBS SA and BRF SA will collectively increase output and exports in the new year, projections from meat industry group ABPA showed.
Brazilian companies will process up to 14.750 million tonnes of chicken meat in 2023, and are also poised to raise exports by up to 8.5 per cent to an estimated 5.2 million tonnes.
Ricardo Santin, ABPA president, said Brazil can increase its global share of chicken exports even as local companies grapple with higher corn prices and increases in packaging and fuel costs.
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Santin said 100 kilograms of Brazilian broiler chicken are priced at around US$156 compared with $279 for the European Union product and around $285 for U.S. chicken.
Another Brazilian competitive advantage is that the country never had outbreaks of bird flu and remains free of the highly pathogenic disease, which has affected global chicken suppliers this year.
Outbreaks in Venezuela, Colombia, Ecuador, Peru and Chile this year have prompted Brazilian companies to implement strict protocols, Santin said.