Brazil Blames Crisis for Slowdown in Chicken Exports

Brazilian chicken Brazilian exports of chicken should end the year at between 3.6 million and 3.7 million tons, according to the Brazilian Poultry Exporters Association (Abef). The figures are below the organization's previous forecasts, 4 million tons. However, they are above the total shipped last year, when 3.3 million tons were sent abroad.

The estimates were revised after shipments in November dropped to 220,000 tons, against 299,000 tons in the same month last year. According to a press statement release by the Abef, the organization's president, Francisco Turra, pointed out as negative factors the international crisis.

"The international crisis reached several buyer markets, like Russia, Japan and some countries in the Middle East. And Advances on Exchange Contracts (ACCs) have become more expensive and more difficult," said Turra. "In general, the performance for 2008 was very positive, but it could have been better," he state.

Brazil is a global leader in exports of chicken and the main market is the Middle East. Saudi Arabia, the United Arab Emirates, Kuwait, Jordan, Qatar, Iraq, Yemen and Oman are among the main Arab destinations for the Brazilian product.

According to a press statement by the Abef, the first quarter of 2009 should present a hard scenario for the sector, causing a reduction of between 10% and 15% in poultry production. However, the president of the organization said that in the following months there should be recovery, generating growth of 5% in volumes shipped.

Despite the complicated scenario, the organization says it is going to continue seeking new markets in 2009 and should make shipments to India and China.

Anba

Tags:

  • Show Comments (3)

  • Falupa

    Really?
    Cure to everything is eating more chicken! Brazil, this is your cure to solving your financial downturn. Food as a surplus is not the cure to long term sustainability in a global economy. Most developed countries now use services as an export.

  • Shelly1

    Blame the FUCKING CHICKEN
    Blame the fucking chicken.

    Not Al-Mula bin LULA for putting all of his eggs in one basket: Where they chicken eggs?

    It is a joke, Brazil will continue to be a sad Third World country, unless it stops blaming the chicken-perhaps a different animal? The human kind?

  • ch.c.

    Brazil Blames Crisis for Slowdown in Chicken Exports
    then brazilians should eat more chickens, because as per Robin the Crook : there is no crisis in Brazil !

    Please refresh Robin the Crook memory : there are still 50 millions of brazilians….UNDER NOURRISHED !

    Exporting food should only be for the SURPLUS….NOT AGAINST the locally needed food FOR ALL !!!!

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Europe and Latin America in Brazil Discussing Information

Today and tomorrow, November 22 and 23, Rio de Janeiro, Brazil, is hosting the ...

Poor Infrastructure Is Bogging Down Brazilian Agriculture

The government of Brazil has promised farmers 78 billion Brazilian reais, approximately US$ 48 ...

Brazil's Lula and first lady Mariza Letícia with Queen Elizabeth

Brazil’s Lula Gets His Best Revenge in the Company of the Queen

When Brazilian President Luiz Inácio Lula da Silva toured the Tropicália exposition at London’s ...

Brazil Will Get 1 Million New Jobs This Year and 5% Growth the Next, Says Lula

Brazilian President Luiz Inácio Lula da Silva announced that Brazil will end 2009 with ...

Lula Calls on Saudis to Join Brazil in Creating Petrochemical Powerhouse

Brazilian president, Luiz Inácio Lula da Silva, said this Sunday, May 17, at the ...

Brazil Kept on Watch List for Copyright Piracy

U.S.-based Defenders of Property Rights commended this morning’s decision by the office of the ...

Industry Grows Over 10% in Santa Catarina, Brazil. Above Country’s Average

Brazil's industry sales grew 8.4% in the first half of this year over the ...

RAPIDINHAS

As a rule, parties in Brazil—like the individual candidates themselves—do not put together programs, ...

Brazil Starts Changing Direction with a Greater Dollar Influx

Brazil started the month registering greater inflow than outflow of dollars. According to figures ...

Brazil Wants US to Return Indian Blood Taken 40 Years Ago

Brazilian government lawyers and prosecutors (Ministério Público Federal) (MPF) are investigating the whereabouts of ...