November 6, 2013

Brazil's October chicken exports up 3.5% on-year

Brazil's chicken meat exports during October reached 335,000 tonnes, 3.5% higher compared to the same month last year but revenues dropped by 4.9% to US$682.44 million.

This was revealed by the data released by the Brazilian Poultry Union (UBABEF).

For the full year, shipments of poultry meat totalled 3.22 million tonnes, down 1.4% compared to the first 10 months of last year. Revenues rose 5.43% to US$6.672 billion.

UBABEF president Francisco Turra said, "We are reducing the difference between the total exports in 2012 and this year with the possibility of reaching in 2013 a tonnage equivalent to that exported last year. With the fastest pace in shipments, there will probably be a downsizing of inventories this holiday season, a period during which demand for poultry products will increase in the domestic market."