Brazil's chicken exporting machine runs low on feed

Saturday, July 23, 2016

TOP STORY

Brazil's chicken exporting machine runs low on feed

• A 55% devaluation of Brazil's currency resulted in a 50% rise in broiler production costs
• The subsequent over-exporting of corn caused its domestic Brazilian price to jump by up to 60%, the cost of imported energy and supplements also rose, boosting poultry feed costs by 50%

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