Uruguay's live cattle exports in the first 11 months fell by 65.9% year-on-year

Published 2022년 12월 20일

Tridge summary

Uruguay's exports of live cattle have seen a significant decrease of 65.9% from January to November of this year, with the majority of the exports, 61.3%, being shipped to China, followed by Egypt, Turkey, the United Arab Emirates, and Iraq. The best-selling breeds were Hereford, Angus, and Holstein cattle, with most of the exports being young cow and bulls primarily used for breeding. The chairman of the Live Livestock Exporters Union, Rodrigo González, anticipates a potential market improvement in the second quarter of next year, with the possibility of opening new markets in Southeast Asia, especially Indonesia and Vietnam, but China remains the largest market due to the profitable prices offered for live cattle breeding.

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Original content

According to Uruguay's "Observer" report on December 4, according to the data released by the Uruguayan National Meat Institute (INAC), from January to November this year, Uruguay exported 62,000 live cattle, a year-on-year decrease of 65.9%. Uruguay Rodrigo González, chairman of the Live Livestock Exporters Union, said that 61.3% of Uzbekistan’s live cattle exports this year were shipped to China, 29.3% to Egypt, 9.4% to Turkey, and the United Arab Emirates and Iraq. China is not only the main market, And it is very profitable, because China is willing to provide better prices for live cattle breeding of cows. The best-selling breeds are Hereford cattle, Angus cattle and Holstein cattle. 58.5% of Ukraine's live cattle exports are one to two Year-old cattle, cows accounted for 61.4%, bulls accounted for 38.6%. Most of them were sent for breeding and 40.5% for fattening. Gonzalez predicts that market conditions will improve in the second quarter of next year, when international ...

Source: China Farming