Avian flu outbreak may cost Brazil $1bn in chicken exports

Brazil’s poultry industry is already feeling the effects of the country’s first-ever confirmed case of highly pathogenic avian influenza (H5N1), as several countries have suspended imports of Brazilian chicken. While the broader economic impact is expected to be limited, there are concerns about losses along the production chain. In the short term, increased domestic supply may even help curb inflation, Valor reported.