Brazil cuts back poultry production amid steep decline in export earnings

摘要

Brazilian chicken producers are bracing themselves for a tough few months as it becomes clear that both exports and production are now falling behind year-ago levels. Brazilian chicken meat production looks set to fall by as much as 10% in the secondhalf of this year as producers struggle to absorb hikes in the cost of maize and soyameal, the main ingredients in feed. "Small businesses don't have the credit to compete with importers (of maize), who pay up front in dollars," said Francisco Turra, president of the Brazilian chicken producers association Ubabef.