PoultryMarket

The Antitrust Shakeup in the Chicken Industry: A Deep Dive into Beak Capitalism

1 month ago

In the ever-evolving landscape of America's food industry, the situation surrounding the chicken supply chain has taken a significant turn. Recent revelations have brought to light concerning practices among major poultry producers, raising the specter of antitrust actions that could reshape the market as we know it. The movement, dubbed "beak capitalism," encapsulates the growing unease over monopolistic tendencies within the chicken sector, where a handful of firms dominate a lucrative market.

BRF Sees Trade Opportunities as Trump's Policies Favor Brazilian Chicken Sales

1 month ago

In a significant turn of events in the global poultry market, Brazilian chicken giant BRF has expressed optimism about the prospects of its sales in light of changing trade relations under the Trump administration. The ongoing trade war between the United States and several countries has inadvertently positioned Brazil as a favorable alternative source for chicken products, which has raised BRF's expectations for growth and expansion in the international marketplace.

Marfrig Reports Record Earnings Aligned with Surge in Chicken Demand

1 month ago

Brazilian food processing giant Marfrig Global Foods SA has announced a substantial increase in its earnings, achieving a three-year high, predominantly driven by heightened demand for chicken products. The company, which is recognized as one of the leading meat producers in the world, reported a net income of 2.173 billion reais ($425 million) for the third quarter of 2024. This figure marks a remarkable increase from the prior year, showcasing a resurgence in the global poultry market.