Argentine beef exports increased by 11% in June compared to the previous year

Argentine exports of chilled and frozen beef in June totaled 57,100 tons of product weight (79,377 tons of bone-in beef), for US$211 million, according to INDEC data. This volume represents growth of 2.1% in relation to the previous month and 11% in the annual comparison. In value, on the other hand, there is a drop of 6.6% compared to the previous month and 4.5% compared to June 2023. China accounted for 76.3% of the volume exported in June, with 13.6 thousand tons of bone-in beef and beef bones from boning (for US$ 19.2 million) and almost 30 thousand tons of boneless beef (for US$98.2 million). In June, the United States became the second destination for Argentine beef, with 4,350 tons (828 tons of chilled boneless beef and 3,518 tons of frozen beef), surpassing sales to the European Union. In the first half of the year, sales to the United States reached 17,200 tons, almost 80% more than in the same period last year. In the first half of 2024, beef exports totaled 371,800 tons ...