News

Brazil: Beef export volume reaches 50.2 thousand tons by the second week of February

Frozen Bone-In Beef
Fresh Bone-In Beef
Meat
Brazil
Market & Price Trends
Published Feb 16, 2024

Tridge summary

The Foreign Trade Secretariat (Secex) has reported a 2.20% increase in the export volume of fresh, chilled or frozen beef in the second week of February 2024, reaching 50.2 thousand tons. Despite the increase in volume, the average price per ton fell by 5.70% compared to the previous year. Consequently, the total value negotiated for the product during this period was US$229,857 million, marking a 3.70% decrease from February 2023.
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 50.2 thousand tons by the second week of February/24, as announced by the Foreign Trade Secretariat (Secex). In the previous year, the volume of animal protein shipped was 126.3 thousand tons in 18 working days. The daily average was around 7.1 thousand tons and this represents an increase of 2.20% compared to the annual comparison, with the total exported in February 2023, which was 7.0 thousand tons. According to information from Commodities Analyst, Geraldo Isoldi, the month of February started at a slower pace compared to the month of January this year, in which shipments performed well. “It is still necessary to monitor how China’s purchases will be, as it is returning from the Lunar New Year holiday”, he commented to Notícias Agrícolas. The average price in the second week of February/24 was US$4,577 thousand per ton, which had a drop of 5.70% compared to data released in February 2023, in which average prices ...
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