Business · Energy & Commodities · 10 hrs ago

Poultry export curbs could push down chicken prices in southern Brazil

Poultry export curbs could push down chicken prices in southern Brazil

Newcastle disease was confirmed at a commercial turkey farm in Santa Catarina, in southern Brazil.

The viral disease affects domestic and wild birds, and the case led several countries to restrict imports of Brazilian poultry products.

The restrictions differ: some apply to products from Santa Catarina, while Malaysia and Mexico suspended imports from across Brazil.

Chicken that cannot be exported may be sold inside Brazil, adding to supply, particularly in the South.

Brazil’s poultry production has already risen this year, while exports had helped keep some of that extra supply out of the domestic market.

Itaú expects the added supply could put pressure on wholesale prices, especially if restrictions last into early 2027, when consumer demand usually falls.

Lower wholesale prices may not reach supermarket shoppers in full, and the impact will depend on how long importing countries keep their restrictions in place.

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