Brazilian pork exports reached 87,578 thousand tons in January

The figures for Brazilian pork exports in January were good when considering the historical evolution, but they are losing momentum, as will be described ahead. However, it is worth noting that the level of production also advanced consistently over the same period, which does not allow for a sharp decline in shipments, henceforth with the danger of increased domestic availability, which is bad for the livestock business environment in the interior of the country and for price formation along the production chain. Some January export data drew attention, such as the reduction in the volume shipped to China and the decline in the price of a ton. According to data compiled by SAFRAS & Mercado, Brazil exported 87.578 thousand tons (fresh + processed) last month, up 19.7% from 73.1 thousand tons in January 2022. However, it is the worst performance in terms of volume since May last year. It is worth mentioning that shipments in the second half of 2022 were the largest in history (for ...