Meat exports of Argentina, the best January in the last nineteen years

Published 2023년 3월 15일

Tridge summary

Beef exports experienced a 31.3% increase year-on-year, largely due to a rise in shipments to China, but saw a 26.8% drop in the average price of exported cuts, leading to a 3.8% decrease in income. The first month of the year saw beef export value drop by 3.8% from January 2022 to $206.9 million, with China accounting for 58.7% of total sales. The average price of live kilo of livestock also increased by 69.1% year-on-year, with the most significant increases seen in the MEJ, heifers, steers, and steers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In year-on-year terms, a rebound of 31.3% was observed. Meanwhile, the average price of exported cuts fell 26.8% in the last year. The drop in unit value more than offset the increase in exported volume, which translated into a 3.8% year-on-year contraction in income from beef exports. The certification of vaccine exports was equivalent to 50.6 thousand tons pp of beef and 71.9 thousand tons of bone-in beef (tn r/c/h). The recovery of the exported volume of beef, which was 31.3% per year, was mainly explained by higher shipments to China, which explained 76.5% of the total increase. Between January 2022 and January 2023, rebounds were also observed in shipments to Germany, the Netherlands, Italy, Chile and the US. Regarding the average price of beef exports, in the first month of the year it was 4,093 dollars per tn pp and was 6.3% lower than the previous month and 26.8% lower than January last year. . As we have highlighted in previous Reports, the average price decline was ...
Source: On24

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