Argentina: Meat exports grew in February in volume but decreased in value

Argentine exports of refrigerated and frozen beef in February reached a volume close to 51.5 thousand tons by product weight for US$ 211.3 million, informed the Consorcio de Exportadores de Carnes Argentinas (ABC). In relation to February 2022, the volumes exported are 8% higher; while the value obtained was 22.2% lower, added the ABC in its monthly report. In the accumulated of the first two months of the year, sales abroad of refrigerated and frozen bovine meat were close to 103 thousand tons by product weight for US$ 421.5 million; this represented an increase of 19.3% in volume and a drop of 13.4% in value in relation to the first two months of 2022. The average export price of refrigerated and frozen bovine meat was US$ 4,102 per ton in February, value 0.2% higher than that obtained in last January; and 28% lower than the average price for February 2022, which had been US$5,694 per ton. "In recent months, there has been a persistent downward trend in prices in the main ...