Indefinitions mark the dynamics of the arroba of cattle in Brazil

Published 2022년 11월 16일

Tridge summary

The Brazilian beef cattle industry is experiencing unusual times and is expected to break records in 2022. Exports reached the highest volume and revenue of the historical series in August and September, with China as the main destination. However, the domestic market demand has been shrinking due to high prices and low purchasing power. The exchange rate has favored exports, making Brazilian beef more competitive in the international market. The industry is also facing uncertainties due to international market uncertainties and the pandemic. Producers are focusing on strict cost control and management to minimize market fluctuations. The future of China's behavior and the domestic market in 2023 is uncertain.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Influenced by several internal and external variables, the Brazilian beef cattle industry is moving in an unusual way this year, and is expected to break some records in 2022. In August and September, for example, Brazilian beef exports recorded the highest volume and the highest revenue of the entire historical series. Between January and September, 1.5 million tons were shipped, with China as the main destination (more than 60% of total exports). During this period, the industry's revenue was US$ 9.1 billion for beef (fresh, chilled and frozen). In the domestic market, the scenario is the opposite. Demand has been shrinking against a backdrop of high prices and low purchasing power on the part of the population. “The domestic market has been moving slowly. We haven't even seen the drop in the price of arroba of fat cattle reach the end of the consumer, because the value of the arroba is decreasing [in the prices paid to cattle ranchers], but not in the supermarket. Retail is ...
Source: Agrolink

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.