May 4, 2020

Brazil chicken processors seen cutting output in coronavirus crisis

Brazilian chicken production fell in the first quarter, according to a meat lobby group, while industry sources told Reuters on Monday some poultry producers were already making moves to further cut future output in the coronavirus pandemic. Preliminary data indicates “a slight reduction” in Brazilian chicken output in the first three months of the year as the outbreak dragged down the domestic market, meat association ABPA said.  An industry source told Reuters that some chicken farmers in Brazil are curtailing their production by housing fewer birds during the health crisis, in a “speculative” move. Read more