Brazil Poultry insights

According to statistics from the Brazilian Animal Protein Association ABPA: Brazil exported 18,469 tons of eggs in 2024, a decrease of 27.3% from 2023. The total revenue reached 39.2 million US dollars, a decrease of 37.9% from 2023. Among them, Brazil exported 2,054 tons of eggs in December, an increase of 116.8% over the same period in 2023. The revenue in December increased by 72.2%, reaching 4.317 million US dollars. Chile is the largest importer of Brazilian eggs, importing 6,871 tons throughout the year, Compared with the same period in 2023, it increased by 141.1%; followed by the UAE, which imported 2,345 tons, an increase of 108.7%; the United States imported 2,115 tons, an increase of 84.9%; Japan imported 1,633 tons, a decrease of 84.3%; Qatar imported 1,107 tons, an increase of 7.1%. Ricardo, president of the Brazilian Animal Protein Association ABPA, said: Brazil's high domestic demand for eggs has challenged exports; exports began to grow in the last three months of 2024, This also indicates that Brazil's egg exports will perform well in 2025. In 2024, Brazil's poultry exports increased by 2.8%, with a total income of US$238.2 million In 2024, Brazil exported a total of 27,229 tons of poultry, an increase of 2.8% over the same period in 2023. The total income was US$238.2 million, a decrease of 0.8% over the same period in 2023. In December, Brazil exported 1,958 tons of poultry, a decrease of 24.3% over the same period in 2023; but the income increased by 5.1%, reaching US$20.2 million. Mexico is the main country for Brazil's poultry exports. Mexico imported 9,378 tons throughout the year, a decrease of 30.6% over 2023; Senegal imported 4,608 tons, an increase of 22.1%; Venezuela imported 3,909 tons, an increase of 521.1%; South Africa imported 3,459 tons, an increase of 45.7%; Paraguay imported 2,634 tons, a decrease of 4%. Brazil has good breeding poultry safety guarantees, which means that countries threatened by avian influenza need to import breeding poultry from Brazil to ensure production. In this case, Brazil's breeding poultry exports are in good momentum in 2024, and this export momentum will continue in 2025. Ricardo, president of the Brazilian Animal Protein Association ABPA, commented. In 2024, Brazil's turkey and duck exports will have a total revenue of US$165 million; 64,100 tons of turkey and 3,500 tons of duck for the whole year The other two niche brands in the Brazilian poultry industry are Brazilian turkey and Brazilian duck. Brazilian turkey exported 64,100 tons of turkey for the whole year, a decrease of 8.1% from 2023, and revenue reached US$153.9 million, a decrease of 23.4%. The export of Brazilian turkey in 2024 was: Mexico 9,800 tons (-39%); South Africa 9,500 tons (-27%); the Netherlands 8,600 tons (-20%), Chile 7,000

This Friday (27) ends the week of negotiations for the chicken market with high prices.

1 Production, trade and prices of livestock products in major countries (I) Pork In terms of production, the US pork production in October was 1.149 million tons, a year-on-year increase of 5.2%; the pork production from January to October was 10.445 million tons, a year-on-year increase of 2.5%. In terms of trade, in October, the pork exports of the United States and Brazil both increased year-on-year. From January to October, the US pork exports were 2.643 million tons, a year-on-year increase of 4.7%, and the Brazilian pork exports were 1.083 million tons, a year-on-year increase of 9.2%. In terms of price, the US pork price continued to rise. According to the exchange rate of the same period, the wholesale price of pork cuts in November was 15.48 yuan/kg. The EU pork price continued to fall. According to the exchange rate of the same period, the pork price in November was 14.75 yuan/kg. kilograms. Brazilian pork prices continued to rise, at a high level for the same period. Converted at the same exchange rate, the Brazilian pork price in November was 18.40 yuan/kg. (II) Poultry In terms of production, the US poultry production in October was 2.233 million tons, a year-on-year increase of 3.8%. From January to October, the poultry production was 20.135 million tons, a year-on-year increase of 0.5%. In terms of trade, in October, US chicken exports fell year-on-year, while Brazilian chicken exports increased year-on-year. From January to October, US chicken exports were 2.534 million tons, a year-on-year decrease of 7.5%, and Brazilian chicken exports were 4.276 million tons, a year-on-year increase of 1.7%. In terms of price, US chicken prices remained flat, at a high level for the same period. Converted at the same exchange rate, the chicken price in November was 22.94 RMB/kg. The price of chicken in the EU fell slightly, but remained at a high level during the same period. The price of chicken in November was RMB 21.22/kg, converted at the exchange rate during the same period. The price of chicken in Brazil continued to rise. The price of chicken in November was RMB 9.45/kg, converted at the exchange rate during the same period. (III) Beef In terms of production, the US beef production in October was 1.102 million tons, up 5.4% year-on-year. The beef production from January to October was 10.099 million tons, up 0.4% year-on-year. In terms of trade, US beef exports in October fell year-on-year, while Brazilian and Australian beef exports increased year-on-year. From January to October, US beef exports were 1.130 million tons, down 2.5% year-on-year, Brazilian beef exports were 2.387 million tons, up 29.4% year-on-year, and Australian beef exports were 2.387 million tons, up 29.4% year-on-year. Australia exported 1.097 million tons of beef, up 24.4% year-on-year. In terms of price, the price of US beef continued to fall, but still remained at a high level. According to the exchange rate of the same period, the price of beef in November was 53.62 yuan/kg. The price of Brazilian beef continued to rise. According to the exchange rate of the same period, the price of beef in November was 35.03 yuan/kg. (IV) Lamb In October, Australia exported 60,000 tons of lamb (54,000 tons of sheep meat and 6,000 tons of goat meat), up 9.1% year-on-year. From January to October, lamb exports were 547,000 tons (505,000 tons of sheep meat and 42,000 tons of goat meat), up 17.9% year-on-year; of which lamb exports to China were 113,000 tons, down 18.9% year-on-year.