The gross value stood at BRL 527.9 billion (USD 164.31 billion) last year, down 1.8% in comparison to 2015.
Revenues with the product’s shipments declined 7% although the volume exported by Brazil climbed 1% to 1.4 million tons.
According to the sector’s association, the goal is to prevent against an outbreak of bird flu. Last week, Chile reported an outbreak of the disease.
The National Supply Company (Conab) expects a 15% growth in production. And the Brazilian Institute of Geography and Statistics (IBGE) forecasts a record crop.
Tax rate went up from 5% to 20%. The poultry sector’s association expects the impact on Brazilian exports to be ‘marginal’.
The 2016/2017 crop will reach 100,000 tons, 55% below the average of 180,000 tons. Producers blame the drought that hit the country for the lower volume.
Brazil shipped 4.4 million tons in 2016, up 1.9% over 2015. Revenues reached USD 6.8 billion, dropping 4.5% in the same comparison.
Output in the 2016/2017 harvest season will be 694.5 million tons, as per the projections of Brazil’s National Supply Company.
According to the Brazilian Institute of Geography and Statistics (IBGE), 778.82 million dozen eggs were produced in Q3, the highest volume since record-keeping began in 1987.
Fertilizer purchases by Brazil in the global market totaled 22.3 million tons from January to November. Supplies by Arab countries increased even more at 32.2%.