The report says that dozens of Spix's macaws are still alive in captivity but as far as spotting one in it's natural habitat goes, researchers say you can't do it.
Deforestation is common in Brazil as areas are cleared for farmland, pasture land and logging but it's also endangered a wide range of plant and animal species there apparently including the Spix's macaw.
The work, with squiggly stick figures, stars and dabs the colour of macaw feathers, fetched €20.7m ($22m), making it one of the most expensive paintings sold in France in recent decades.
One species, the Spix's macaw, a native of Brazil, recently enjoyed 15 minutes of fame after a character based on the bird starred in the movie's Rio and Rio II. Bad news for blue though.