Reported 10 days ago
BRF SA, a major global chicken supplier, expects Brazil to benefit significantly from a potential trade conflict between the US and China under the upcoming Trump administration. The anticipated restrictions on Chinese imports could redirect meat purchases to Brazil, enhancing its position as the world's leading chicken exporter, with projections indicating it will account for about 36% of global exports next year, surpassing the US's 22%. Brazilian producers are also leveraging substantial local supplies of corn and soybeans to boost poultry production amid tight US output due to avian influenza.
Source: YAHOO