Paraguay exported meat in November at its highest value in 13 years: how much was it worth in 2011?

Published 2024년 12월 8일

Tridge summary

In November, Paraguay experienced a significant increase in the export price of meat, reaching US$ 5,561 per ton, a 18% rise from July. This is the highest average export price for the country since the latter half of 2011, according to Andrés Oyhenard from Tardáguila Agromercados Consulting Firm. The price of cattle peaked at US$ 3.50 or US$ 3.60 per ton, largely due to increases in Brazil. The United States has emerged as a key market, importing over 25 thousand tons of Paraguayan meat in less than a year, surpassing traditional markets like Brazil and Israel.

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Original content

During November, the country exported meat at US$ 5,561 per ton, which represented an increase of 18% compared to July, almost 800 dollars more per ton, explained to Valor Agro Andrés Oyhenard, from the Tardáguila Agromercados Consulting Firm. The specialist, responsible for the Faxcarne bulletin, said that “we have to go back to the second half of 2011, 13 years ago, to find an average export price at similar levels for Paraguay.” Oyhenard commented that during November the price of cattle reached maximum references of US$ 3.50 and US$ 3.60, partly driven by the increases in Brazil, although he explained that in the last few hours an adjustment was experienced. At the same time, he explained that 13 years ago, when the average value of the exported ton reached figures similar to those of today, fattened cattle for slaughter were positioned at around US$ 4 per kilo on the hook; about 40 to 50 cents less than the maximums in November and 80 cents ...

Source: Agromeat