All major producers except China will make gains with the most significant growth in Brazil. Relatively high feed and energy prices have squeezed profitability globally, but expansion is spurred by robust demand as consumers are expected to seek lower-cost animal proteins amid rising food costs.
Brazilian growth is driven by both domestic and global demand as it solidifies its position as the world’s leading producer, surpassing China this year.
Thailand’s production will grow by 3% despite the anticipated slow recovery in domestic consumption and high production costs caused by supply disruptions to feeding grains and day-old chicks. These factors will keep the growth rate below the pre-pandemic average. Russia and Mexico will also make gains amid strong domestic demand. 
