Uruguay: Beef export price above US $4,000; sheep meat rebounds

Between July 1 and 27, the volume of beef exported was 25,929 tons, 0.4% up in the interannual comparison, according to provisional data from INAC. So far this year the average price was US$4,083 per ton. China showed a negative performance, with a drop of 14%, and the US shows a rise of 5%. China's share slightly exceeds that of the US in total exports. If we look at other destinations with a lower incidence in volume, Russia showed a strong increase: it went from less than 200 tons to more than a thousand in one year. Japan also grew markedly. And the EU, at 4%. Strong rebound for sheep meat Sheep meat has been on a path of continuous price recovery since the beginning of June and last week it reached its best value since the beginning of January, with US$ 5,118 per ton. A jump of 18% compared to US$4,320 the previous week. Although the weekly numbers may not be representative, if you look at the last 30 moving days, the IMEx for sheep meat reached a very notable US$ 4,432 per ...