Recession Slows Brazilian Beef Surge

BRAZIL - The plans in Brazil are to increase the number of cattle in feedlots by 4.6 per cent which would be equivalent to a total of 1,673,500 head.
calendar icon 15 July 2009
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According to BrazzilMagazine, the number is the result of a survey among the top 50 Brazilian companies involved in feedlots and which last year fattened 1,599,465 cattle, which represented a leap of 27 per cent over 2007 but below the 34.5 per cent of 2006.

The survey showed some companies are not planning to increase the number of cattle in feedlots while others are thinking in reducing them, says the magazine.

Goiás in central Brazil is the state which leads in feedlots, followed by São Paulo, Mato Grosso, Minas Gerais and Paraná. Most of the production of feedlots is delivered to abattoirs between August and December.

The crisis suffered by the Brazilian meat packing industry, as a direct consequence of the world recession has triggered big changes and consolidation in the industry, while livestock companies and ranchers are looking for ways to cut risks when the moment of sale.

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