What's new ? - 2018

What's new ? - 2018

Argentina: poultry industry in crisis

24 August, 2018

According to a report from eFarmNEws, Argentine poultry industry suffering losses. The official indicators for the poultry industry in the first half of 2018 are not good. The slaughter decreases 4.7 percent, exports also dumped 16.5% and per capita consumption was reduced to the equivalent 42.2 kilograms per year. Some industries are plunged in a deep crisis, like Rasic, the former second largest poultry company in the country, BRF (which had acquired Avex in Cordoba Province) and EcoAve, a medium size company in Buenos Province.
In the local media, it is blamed to higher feed costs, energy costs and imports from Brazil for the bankruptcy of EcoAve, the industry owned by Perea Family. Meanwhile, Brazilian BRF is trying to sell its Rio Cuarto plant, maybe to the largest poultry industry, Granja Tres Arroyos.