Argentine beef exports remain high and reach a new record

Published 2024년 10월 31일

Tridge summary

Argentine beef exports hit a record high of 907 thousand tons of carcass equivalent in the past year, marking the highest volume since 1924, despite lower shipments to China. This increase was offset by higher shipments to Israel and the EU. The weighted average price of the main five destinations increased by 5% in September compared to August, but is still 1% lower than the previous year. A correction was made at the beginning of the year for a problem with the registration of foreign sales, involving the improper calculation of bones from butchering, which had increased export totals by about 10 thousand tons per month.

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Original content

In addition to marking the highest volume for a month in almost four years, September shipments reached 907 thousand tons of carcass equivalent in twelve months, a new historical record in a hundred years. The lower shipments to China were more than compensated by increases to Israel, among the main destinations. Small price reaction. The measurement of exports. By Miguel Gorelik In September, Argentine beef exports reached 88 thousand tons of carcass equivalent (tec), two thousand more than in August and the highest level for a month since the 91 thousand in November 2020. The high records of this two-month period allowed to surpass the record for 12 rolling months, marking 907 thousand tec, one thousand tec more than the existing record, which dated back to September 2020, before the export restrictions of May 2021 took effect. To find a higher level, you have to go back 100 years (!!!) to the record of 985 thousand tec in 1924. The changes in volumes The 60 thousand tons of ...

Source: Defrentealcampo