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USDA FAS projects Brazil's chicken meat output to rise 2% to 15.35 million tonnes in 2025, keeping it second globally and the top exporter. Strong international demand, a weak real and low feed costs from bumper corn and soybean crops support producers.
Forecasts of heat and below-average rainfall in key regions are a risk.
Growing Brazilian broiler output sustains strong demand for corn and soymeal in feed, supporting South American feed grain demand. Cheap feed and a weak real encourage expansion, which is a bearish factor for feed costs over time.
thepoultrysite.comMelanie EppApr 11, 2025After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
After 40 past report events, Brazilian Real (BRL per USD) moved a median -0.1% over 5 sessions (48% higher; middle half -1.3% to +1.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
