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GVP for chicken and eggs to increase by nearly 20% in 2012, says CNA

In its first forecasts for the gross value of production (GVP) in livestock farming in 2012, the Agriculture and Livestock Farming Confederation of Brazil (CNA) has estimated that the GVP for chicken and the eggs could increase by 19.8%, from R$ 40.186 billion in 2011 to R$ 48.148 billion this year.

The main driver of this increase, says the CNA, will be chicken, which could see a 21% increase in GVP. The CNA notes that, along with beef, chicken is another item in livestock farming that is going through a good phase, "despite domestic demand being lower."

The CNA reckons animal production will secure gains in Brazilian livestock farming in 2012 estimated at 5.3%. Agricultural products are expected to gain only 1.5%, while animals are expected to gain 11.2%.

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