Brazil Lar Cooperativa has announced a € 62 million investment in a new feed mill in Medianeira, Paraná state, amid strong demand for poultry, mainly from China.
Construction will begin in August and will be completed in 2024. The entire plant will include 3 feed mills (for breeders, broilers and vitamin premix) and all handling and receiving infrastructure.
Lar Cooperativa Agroindustrial posted a profit of 1.3 billion euros in 2019, employed more than 13 thousand employees and had a base of 10,887 members. Photo: Lar
The site covers 26 hectares in which more than 50,000 square meters of buildings will be built. The new industrial complex will generate 450 direct jobs and contribute to the expansion of Lar cattle. The project is located on BR-277, in front of the Brazilian Federal Revenue Office.
Why Cooperative Lar wants to stay ‘clean’
Brazil’s animal protein industry consists of a variety of large cooperatives. One of the most famous is Lar, headquartered in Medianeira, PR, in the south of the country. With African Swine Fever destroying Asia, there are many opportunities to promote its own products on a broader scale.
Lar Cooperativa Agroindustrial posted a profit of 1.3 billion euros in 2019, employed more than 13 thousand employees and had a base of 10,887 members. This brand carries around 300 products (canned, frozen, pieces of chicken, besides grains: corn and soy) and exports to America, Europe, Asia and Arab countries. Their facilities are in 11 cities in the western region of Paraná, east Paraguay (10 units), in the state of Mato Grosso do Sul (14 units), in Santa Catarina in the municipality of Xanxerê for seed production.
Chicken meat exports rose but income fell
Brazil’s total chicken meat exports reached 399,400 tons in May, according to the ABPA (Brazilian Animal Protein Association). The results exceeded the balance of shipments made in the same period in 2019 by 4.5% (382,200 tons). But revenue for the period, US $ 546.3 million, was down 17.3% compared to the same month last year. “China is strengthening its position as the main destination for poultry and pork exports, and is a major driver for higher export volumes. This is a trend that should continue for the next few months with respect to the Asian market, “analyzes Ricardo Santin, ABPA’s executive director.
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