Brazil-More beef and grain forecast.

BIG BEEF PLANS.

The government officials at the Ministry of Agriculture in Brazil, have been doing some long term projections on the beef and grain industry.

They expect the beef trade to continue growing at around 5% per year, for at least the next 10 years.

This will mean that by 2018, there will be 14 million tons of beef produced in Brazil, as the current level is at 9.5 million tons.

Unlike Argentina, Brazil consumes large amounts of pork and poultry, therefore leaving far more beef available for export, whereas Argentina consumes a staggering 74 kilos of meat per capita which is mainly beef.

The Brazilian domestic consumption of meat, will rise by an average of 3.53% per annum, however this will be mainly chicken and pork.

The population of Brazil is now more than 50% African origin, where poultry is the first choice of meat.

The government officials, see the beef industry just getting bigger and better, the introduction of the new micro identification implants in cattle next year will resolve all problems of traceability, as all calves are going to be implanted