Brazil: Revenue from total beef exports until November is 20% below that of 2022

With average prices still far from those practiced in 2022, US$3,910 per ton now, against US$5,021 last year, total beef exports in November (fresh + processed) generated revenue of US$1.001 billion for a movement of 256,073 tons, the highest number of the year so far (+47%). In 2022, in the same month, Brazil had revenue of US$872.4 million for a volume handled of 173,751 tons. As a result, the year to date has total revenue of US$9.754 billion for a movement of 2,253,152 tons. Last year, from January to November, revenue was US$ 12.239 billion and movement was 2,158,555 tons: that is, a growth of just 4% in volume that did not follow the 20% drop in foreign exchange collection. Still in the year to date, average prices per ton in 2022 were US$5,670 while in 2023 they fell to US$4,329. The information comes from the Brazilian Association of Refrigerators (ABRAFRIGO), which compiled the data from the Secretariat of Foreign Trade (SECEX), from the Ministry of Development, Industry, ...