Argentina: Poultry and Products Annual
Post forecasts 2018 broiler meat production to grow slightly by 1 percent to 2.11 million metric tons. This growth reflects ongoing stagnation that has occurred since 2012. Production is expected to remain stagnant as domestic consumption reaches its limit and export growth remains sluggish. This situation has limited profitability across the entire sector. In response, Argentine producers are exploring the possibility of production discipline to lower costs and bolster domestic prices. On the export side, Argentina continues its campaign to open new export markets around the world, most recently Mexico and Canada. Post forecasts 2018 exports to rise by 3 percent to 180,000 tons, due to growth in Russia, China, and UAE.