# Brazil chicken exporters enjoy less US competition, strong Mideast demand

> Brazilian chicken export data shows monthly shipments averaging 431,400 metric tons through June, 0.8% above the 2023 monthly average of 428,200 tons. Brazil is gaining from reduced US competition and strong Middle East demand. The outlook for the rest of 2024 is described as positive.

- Date: 2024-07-08 · published 2024-07-08T12:00:00.000Z
- Category: trade · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/29437-brazil-chicken-exporters-enjoy-less-us-competition-strong-mideast-demand
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Steady Brazilian export volumes and strong Middle East demand support global chicken prices. Reduced US competition in key markets favors Brazilian exporters.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/brazil-chicken-exporters-enjoy-less-us-competition-strong-mideast-demand-2024-07-08/

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