Brazilian beef exports to nearly double by 2018-19
Farming uK
13/03/2009 09:56:26
The Brazilian Ministry of Agriculture is forecasting a 93% increase in beef exports during the next ten years (to 2018-19), totalling 4.63 million tonnes cwt (accounting for 61% of total world beef trade from the current 31%), with a 49% increase in production to 15.5 million tonnes cwt.
In the domestic market, beef is projected to be the second fastest growing meat consumed with a 2.2% annual growth in total consumption after chicken’s 2.6%. Beef is projected to have the slowest export growth with an annual average growth of 3% after chicken’s 5.6% and pork’s 4.9% growth.
Cropping area for the 10 major products is forecast to increase by 19% to 60.7 million ha, with rice, soy beans and wheat being the fastest growing crops. Soy beans are expected to account for 44% of the planted area, followed by corn with 27%. As a result of the large increase in land used for more profitable crops, cattle raising is expected to continue its displacement to less productive areas, especially in the north and west of the country – raising doubts about the forecast beef production growth.
farminguk.com