Argentine exports stable despite the increase in world trade

Published 2022년 1월 30일

Tridge summary

The USDA's forecast for 2022 predicts a 4% increase in global beef trade, with significant growth in exports from Brazil, Australia, and Mexico. Meanwhile, China's beef imports are expected to rise, and there will be stable or declining imports from other countries. The global production of beef, pork, and chicken is also projected to increase slightly from 2021 levels. Additionally, China's meat production is anticipated to reach a record level in 2022, equivalent to that of 2021. The article also discusses the changing share of the final price of meat products between producers, processors, and retailers in the United States and China, and the impact of supply issues on meat imports in China.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In a recent report, the United States Department of Agriculture (USDA) forecasts for 2022 a new increase in the world trade of beef, which would stand at 12.04 million tons, 460 thousand tons more (+4% ) than the year just ended. The report foresees improvements in shipments from Brazil, which would export 2.68 million tons (+16%); Australia, 1.47 million tons (+11%) and Mexico (325 thousand tons, +10%). Stability is expected in shipments from Argentina (730 thousand tons), Canada (605 thousand tons) and a decline from New Zealand (625 thousand tons, -7%). Curiously, the report says nothing about exports from Uruguay, which in 2021 shipped 560 thousand tons (+43%) and does not refer to anything about Paraguay, which exported 425 thousand tons last year (+34%). In terms of beef imports, the USDA projects a new increase in purchases from China, which in 2022 would total 3.25 million tons, 300 thousand more than the year that just ended. Purchases from the other countries remain ...

Source: Laradio1029