In step with Cepea researchers, that is because of conceivable will increase in home intake and exports and the most probably relief in manufacturing prices in comparison to earlier years.
Cepea’s calculations estimate that beef intake in 2024 may develop through 2.8% in comparison to final 12 months. As for Brazilian beef exports, the efficiency observed in 2023 is predicted to be sustained in 2024.
To fulfill home and international call for for contemporary and processed beef merchandise, projections made through Cepea point out a three.3% building up within the collection of animals slaughtered from 2023 to 2024, which might overall 59.1 million head.
Pig farmers can sit up for rather higher profitability than that noticed between 2018 and 2022, particularly because of the hot devaluations of corn and soybean meal.
January 2, 2024/ CEPEA/ Brazil.
https://www.cepea.esalq.usp.br