By Garra - 01/04/2024 in Brazil and World

Exports led to increase in the price of Brazilian chicken meat in February

The average prices of Brazilian chicken meat rose in February, compared to the first month of the year. According to the Center for Advanced Studies in Applied Economics (Cepea) of Esalq/USP, the momentum came from the good pace of Brazilian exports, which reduced the domestic availability of the protein.

In the first 15 working days of the month, the average daily shipment was 20,700 tons, a significant increase of 21.3% compared to January, according to data from the Secretariat of Foreign Trade (Secex). A total of 311,000 tons of fresh chicken meat were sent abroad, compared to 353,400 tons in the entire month of February last year.

Domestic demand, on the other hand, was weaker throughout the last month, also according to researchers from Cepea.

Last month, Brazilian poultry meat exporting companies achieved a new accomplishment: they can now use the Digital Origin Certificate (DOC), a system that facilitates the export process, for shipments to the European Union.

The certificate resolves in a few minutes an operation that previously took up to nine days to be completed, from the request to the issuance of the document. The novelty brings cost reductions and more legal security to exporters, according to the Brazilian government.

The certificate of origin is necessary for Brazilian exports to benefit from European tariff quotas, established under the World Trade Organization (WTO). It had already been implemented with the United Kingdom last year and now applies to the 27 countries of the European bloc.

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