Brazil: Livestock and Products Annual
Post forecasts both beef and pork production to continue to increase in 2018 to 9.7 million metric tons and 3.9 million metric tons, respectively. The increase in production is driven by higher exports, mostly to Asian markets, and a small reaction in domestic demand for animal protein supported by the recovery of the Brazilian economy. Producers and packers are also expected to benefit from lower feed costs in 2018 due to record corn and soybean crops.
