Brazil has famously surpassed the U.S. as the world’s largest producer and exporter of soybeans, and it could become a more consistent top exporter of corn. However, its livestock production lags. Brazil’s soybean production has been expanding at an average 5.5 percent per year, and its corn output has a CAGR of 7 percent. Although its meat production grew faster this past year, over the past decade, chicken production averaged just 1.05 percent growth per year, beef output grew an average 1.4 percent, and pork expansion is at 2.88 percent per year.  Livestock are value-added products and, given that global per person meat demand is growing at 2 percent per year, Brazil should be at a minimum targeting faster growth in pou...

TAGS – Livestock, South America