# Brazil limits chicken exports following viral outbreak, local prices may see downward pressure

> Brazil's Ministry of Agriculture reported a Newcastle disease outbreak in commercial poultry in Anta Gorda, Rio Grande do Sul, and imposed export restrictions on chicken, eggs and other poultry products from July 18. Exports to Argentina, the EU and China, Brazil's largest chicken export market, were halted. Market participants expect domestic chicken prices to face downward pressure from increased local supply.

- Date: 2024-07-19 · published 2024-07-19T12:00:00.000Z
- Category: disease · region Brazil · magnitude high
- Page: https://feedsoft.ai/events/29432-brazil-limits-chicken-exports-following-viral-outbreak-local-prices-may-see
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Brazil is a major chicken exporter, so the loss of key export markets redirects supply into the domestic market and weighs on local chicken prices. Trade flows may shift toward other exporters, which could support prices elsewhere.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/071924-brazil-limits-chicken-exports-following-viral-outbreak-local-prices-may-see-downward-pressure

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.