Beef export prices have fallen significantly in Argentina

Published 2023년 12월 5일

Tridge summary

In October, the average cost of chilled and frozen cattle meat exports decreased by 25% compared to the same month last year. This decrease in prices can be attributed to a policy aimed at creating favorable conditions for importers due to challenges faced by livestock. China remains the largest importer of cattle meat, accounting for 81% of exports in October and 78% for the first 10 months of the year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The average cost of exports of chilled and frozen cattle meat in October of this year decreased by a quarter or 1,264 US dollars from the same month last year - to 3,770. IMIT writes about this with reference to data from the national consortium of meat exporters ( ABC). At the same time, the figure became 2.5 thousand dollars per ton lower than the maximum that was noted in April last year. Total sales revenue amounted to 2 billion 460 million. This is nine percent more in volume, but 19 percent less in value year-on-year. The decrease in prices could be associated with a policy to create favorable conditions for importers against the backdrop of drought, disease and other problems for livestock, which contributed to both the rise in live prices and the increase in prices for beef and other products made from it. Russia estimates volumes of poultry meat exports to Africa The organization also spoke about a decrease in export volumes in physical terms in terms of the edible part ...
Source: Rosng

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.