PRODUCTION largest chicken producer , saw a 27 percent profit increase over last year .
Lower corn & grain prices lower the price of chicken in both Mexico and neighboring US
focused on the expansion of several chicken brands throughout Latin America including Pollo Rey in Guatamala , Honduras , and Costa Rica , Pollo Indio in El Salvador , and Pollo Toledo in assorted new markets . Meanwhile , Bloomberg reports lower corn and grain prices in both Mexico and the neighboring United States , creating a sweet spot of chicken prices and feed prices that has resulted in a boon for Mexican poultry producers . Industrias Bachoco SAB , Mexico ’ s
New frontiers in aquaculture The sea is quickly becoming as much of a profit driver as the land in Brazil and Latin America . As far back as 2007 , experts have called out South America as a developing hot spot for the aquaculture industry , pointing to Peru and Chile in particular as Latin America ’ s leading fishing nations . Thanks to a sharply increased demand for commodities like farmed tilapia in the United States and fishmeal for animal feed in China , the aquaculture industry in South America is growing in a multitude of ways : while local aquaculture businesses are growing outward , global businesses from abroad are looking increasingly for ways in .
Caracas , Venezuela-based Altamar Foods Corp . has been growing its seafood supply brand since the 1990s , shipping fresh scallops , squid , mahi mahi and more to Peru , Chile , and even into North America . Last year the company made a move to expand its operations with a $ 25 million investment for a new fullyautomated production facility in Piura ,
10 October 2015