Foreign exchange revenue from meat in 10 months already exceeds by 10% the total revenue recorded in Brazil in 2021

Published 2022년 11월 17일

Tridge summary

The article reports a significant growth in the volume of beef and chickenmeat production, with increases of 20.35% and 23.33% respectively, while pork volume decreased by 4%. This has led to a record volume for beef and chicken, despite price increases. Foreign exchange earnings from beef and chicken have increased by 36.57% and 51.51% respectively, compensating for the pork revenue loss. The total foreign exchange revenue for the first 10 months of the year has surpassed that of the same period in 2021 by nearly 30%, reaching US$21.864 billion, 10% more than the total revenue in 2021.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Conversely, poultry volume increased by almost 5%, while beef is more than a fifth higher (+20.35%). With such performances, beef and chicken achieved a record volume for the period. The same two meats are the ones that have been obtaining significant appreciation in prices. And the biggest gain (+23.33%) remains with chicken meat. Beef is just above 17%, while pork has not yet recorded the expected reversal, remaining negative at just over 4%. Living with results below those of 2021 both in volume and price, pork is the only one to obtain foreign exchange revenue (-8.67%) also lower than last year. But this loss is largely offset by increases of 36.57% and 51.51% for chicken and beef, boosting total foreign exchange earnings close ...

Source: Portal Do Agronegocio