Paraguay: Exporters begin selling meat to the US under the new quota

Published 2024년 9월 26일

Tridge summary

The director of Tardáguila Agromercados, Rafael Tardáguila, discussed the current state of the international meat market, focusing on China and the United States as key players. He noted that Brazil and Paraguay are already selling meat under the 2025 quota, while Uruguay and Argentina are not under as much pressure to negotiate, given their smaller markets. Tardáguila pointed out the price differences between these markets, noting that the higher tariff in the United States is offset by the higher prices, making it a profitable market, especially for Brazil. Despite the devaluation of the Brazilian currency, cattle prices are on the rise, with expectations of further increases by 2025. The global meat market remains strong, with China's prices stabilizing after an initial rise, and the United States market remaining firm due to limited supply. Bolivia has notably increased its exports of boneless meat to China, surpassing Uruguay and the United States.

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Original content

The director of Tardáguila Agromercados, Rafael Tardáguila, analyzed the international meat market panorama in Valor Agro, highlighting China and the United States as protagonists. In the case of the latter, some destinations, such as Paraguay, are already selling meat with the 2025 quota. On the other hand, he referred to some signs about the possible recovery of values for fattened cattle in the region. Tardáguila commented that Brazil and Paraguay are already selling within the 2025 quota. In the case of Uruguay and Argentina, “there is no rush”, because they do not compete with other countries, although negotiations could eventually be accelerated, given that this period is approaching. “Between the time the deal is finalized, the shipment is made, which can take between four and six weeks, and then the trip to the destination, we are very close to the 2025 quota, entering the last quarter of the year,” he indicated. He explained that to work outside the quota with the United ...

Source: Elagro