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Brazil Chicken Exports Grow 3 Per Cent

by 5m Editor
6 July 2012, at 9:37am

BRAZIL - The volume of Brazil’s chicken exports grew 3.07 per cent from January to July this year in comparison with the same period in 2011, totalling 1.987 million tonnes.

According to Brazil-Arab News Agency, revenues in the half, however, dropped 4.51 per cent as against the first six months of last year, totalling US$ 3.819 billion. The figures were disclosed by the Brazilian Poultry Union (Ubabef) and were issued on Thursday, 5 July.

In the monthly comparison, the sixth month of this year presented a 7.28 per cent reduction in volume (307,100 tonnes) and 21.25 per cent in revenues (US$ 551.8 million) with regard to June 2011.

"Some countries imported great volumes in May, a month in which Brazilian exports reached a historic record, with 374,000 tonnes. These purchases influenced the June sales result, as small stocks were established at the turn of the month,” said Francisco Turra, executive president at Ubabef, in a press statement disclosed by the company.

According to the press statement, despite the reduction in monthly revenues, there was growth of 1.6 per cent in revenues in reals thanks to exchange rates. In the accumulated result for the month, the result is even greater, 9.4 per cent.

"The appreciated dollar has guaranteed sustainability of business for companies, which does not justify the lack of credit for the agroindustrial sector in Brazil, as has been taking place in public and private financial institutions. However, we need support measures to allow us to navigate safer waters, with the reduction of taxes levied on the paysheet and inclusion of all poultry products to those benefited by the Reintegra (a programme that forecasts the devolution of taxes up to 3 per cent of revenues of manufactured product exporters)", said the Ubabef president in a press statement.

With the results obtained in the first half, the organisation forecasts over four million tonnes of chicken should be exported.