Expected large Brazilian corn exports to China in 2023 are worrying Brazil’s meat companies, according to a statement from Santa Catarina’s meat processors lobby Sindicarne. The group said competition from Chinese buyers is already reducing local supplies and making corn used to feed poultry and pork an “overpriced” commodity.
“Even with the sector being more prepared for negotiations and more attentive to its stocks and purchases, there is always competition from the international market,” Sindicarne said. “For 2023 the signs are worrying.”
According to Sindicarne, which represents global poultry and pork processors including JBS and BRF, the government must also “do its part” to attract investments aimed at reducing Brazil’s logistical bottlenecks. The group said that while Brazil has created a decent logistics network to export grains, there are no railroads connecting grain regions in the center west to southern Brazil, where pork and chicken are typically raised and processed.
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