In 2023, the veal and beef excess feed cost in Brazil was recorded at 180 million Euros. Over the forecasted period from 2024 to 2028, there is a clear upward trend with values rising from 185.65 million Euros in 2024 to 204.26 million Euros in 2028. This represents a compound annual growth rate (CAGR) of approximately 2.4% over the five-year period. The year-on-year growth is consistent, averaging around 2.5% annually, indicating a steady increase in feed costs.
Future trends to watch for include potential market volatility due to global economic shifts, changes in agricultural policies, and climate impacts that may influence feed availability and costs. Additionally, innovations in feed efficiency and alternatives could play a critical role in altering this cost trajectory in Brazil.
