War in Ukraine impacts Argentine meat exports, shipments to Russia fall by 90%

Published 2022년 5월 26일

Tridge summary

Beef exports from Argentina fell by 5% in April compared to the same month last year, totaling 47,000 product weight tons or 67,000 beef weight tons, according to the ABC Argentine Meat Exporters Consortium. The first four months of 2022 saw a consolidated loss of 6% in beef exports, with only Russia continuing to buy less beef from Argentina compared to 2021. However, prices paid remain 31% higher than previous years. The war between Russia and Ukraine has also impacted meat exports, with a 90% drop in exports to Russia in the first four months of this year. Additionally, the consortium noted that offal exports to Russia have also seen a significant decrease due to the COVID-19 situation in Shanghai, which has interrupted the relative improvement in meat trade seen in the first months of 2022.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Beef exports fell 5% in April compared to the same month last year, totaling 47,000 product weight tons, equivalent to 67,000 beef weight tons, according to the monthly report prepared by the ABC Argentine Meat Exporters Consortium. The slide through which the foreign trade of beef cuts and offal has remained since the Government decided to intervene in the market, does not stop and meant for the first four months (262,000 tons of beef), a consolidated loss of 6%. LOOK Among the main meat exporters, Argentina is the only one that sells less than in 2021 However, what "saves" the meat chain is that prices continue to be paid above historical averages: between January and April, refrigerators closed business for US$ 1,077 million, a figure 31% higher than the total invoiced in the previous years. first four months of last year. However, the meat companies themselves have already warned that this "lifeline" of international prices is deflating. “In April of last year, the national ...
Source: ARInfocampo

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