Brazilian Producers To Beef Up Value Sales With Improved Export Outlook

There is a strong possibility of beef exports from Brazil, the world's top exporter, rising steadily through 2009. This comes despite a predicted reduction in domestic supply and demand fundamentals, and reaffirms BMI's assertion of robust international demand for beef and veal contributing to an increasingly tight global outlook. This will help to support producer prices, notwithstanding the lower output. The executive director of the Brazilian Beef Exporters Association believes that domestic beef shipments will be fall around 5% year-on-year (y-o-y) in 2009, before picking up in 2010, whereas BMI foresees a slight reduction in domestic output in 2009, righting

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