Beef: Export volume increases 12.55% until the fourth week of March/24, while average price declines

Frozen Wahoo

Market & Price Trends

Published Mar 26, 2024

Tridge summary

In March 2024, the export volume of fresh, chilled, or frozen beef saw a significant increase, reaching 139.9 thousand tons, which is a 12.55% rise from the previous year's exports. The daily average export volume also surged by 61.7% to 8.7 thousand tons. Despite a 5.9% decrease in the average price per ton to US$4,526, the total value of beef exports grew to US$633.395 million, marking an increase from the previous year's US$598.494 million. This growth in export volume and value highlights a robust demand for beef, even amidst a slight drop in price per ton.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The export volume of fresh, chilled or frozen beef reached 139.9 thousand tons by the fourth week of March/24, as highlighted by the Secretary of Foreign Trade (Secex) this Monday (25). The volume exported to date has grown by 12.55% compared to that recorded in March of the previous year, when the volume of animal protein shipped was 124.3 thousand tons in 23 working days. The daily average exported until the fourth week of March/24 was 8.7 thousand tons and this represents an increase of 61.7% compared to the annual comparison. In the previous year, the daily average exported in March 2023 was 5.4 thousand tons. The average price paid for protein until the fourth week of March/24 was US$ 4,526 thousand per ton, which had a drop of 5.9% compared to data released in March 2023, in which average prices registered the value average of US$4,811 per ton. The value negotiated for the product until ...

Source: NoticiasAgricolas