June 15, 2011

Brazil seen to be 2011's top poultry exporter

Brazil is on its way to outperforming the US as the world's leading poultry exporter, reported from the country's local news.

For more than 30 years, solely US-based companies have dominated the agricultural sectors and this has now obliged other importers to re-examine their strategies.

The Food and Agriculture Organization (FAO) released figures on June 7 that show Brazil occupying first place as poultry exporter and, as a result, it would dominate one-third of the global trade.

In the meat industry, Brazil currently stands in second place, but its related expansion in the industry, according to the FAO, "has been facilitated by the persistence decrease in Argentina." The neighbouring country has already seen 3,500 job eliminations.

The FAO notes that this increase in poultry exports would urge the Brazilian government to improve its infrastructures to take-on the necessary capacity. Yet, in its bi-annual report on global agriculture, the FAO suggests that the national authorities closely examine the anticipated production costs for the coming years.

The FAO does recognise that such factors, as the Russian prohibition of Brazilian meat imports, can seriously affect its expansion.

However, the organisation anticipates that exports should be increasing in 2011, after three years that the national consumption decreased.