Brazil: Livestock and Products Annual
Post forecasts both beef and pork production to continue to increase in 2017 to 9.5 million metric tons and 3.8 million metric tons, respectively. The increase in production is driven by higher exports, mostly to Asian markets, and a small reaction in domestic demand for animal protein supported by the recovery of the Brazilian economy. However, producers and packers remain concerned with the price uncertainty of feed costs and the volatility of the exchange rate that could affect their profit margins.
