Brazil exported 1.8 million metric tons of chicken meat during the first six months of 2009, which represents nearly a 2% loss compared with the first six months of 2008. The effects of the international financial crisis reduced the exported value by 20% compared with 2008, to $2.7 billion, according to the Brazilian Chicken Producers and Exporters Association (ABEF).
In June, exports totaled 329,000 metric tons, less than a 1% drop compared with June 2008. However, export earnings were only $529 million, a drop of nearly 19% compared with June 2008. Export earnings for the rest of this year are expected to continue below that of last year. The median price of exported chicken meat will continue to limit export value.
Data from ABEF show that the median price for a metric ton of Brazilian chicken went from $2,139 last September to $1,573 in January this year. In June, the median price for a metric ton of Brazilian chicken was $1,607.
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