Brazil has a record for beef exports

Published 2024년 11월 16일

Tridge summary

Brazil's fresh beef exports have reached a record high both in volume and revenue, with a total of 270.3 thousand tons shipped in October, a 7.4% monthly increase and a 45.3% year-over-year increase from October 2023. The top importers of Brazilian beef were China, the United Arab Emirates, the United States, Hong Kong, and Chile. The average export price was USD 4,660 thousand per ton, generating revenues of USD 1,259 million. In contrast, Australia's meat exports also saw a significant increase, with a cumulative total of 1,097 million tons in the first 10 months of the year, a 24% increase compared to the same period last year. The United States was the largest importer of Australian meat, accounting for 34% of the total in October.

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

Original content

Brazil's fresh beef exports hit a record in both quantities and revenue, the Rosario Livestock Market (Rosgan) reported, according to information from the Ministry of Foreign Trade (Secex). The volume shipped reached 270.3 thousand tons in October, which represents an increase of 7.4% monthly and 45.3%, compared to the 186.1 thousand tons shipped in October 2023. The countries that imported the most beef from Brazil in 2024 were: China, the United Arab Emirates, the United States, Hong Kong and Chile. In terms of price, the average value in October was USD 4,660 thousand per ton, a slight increase of 1.4% compared to the value negotiated a year ago, generating revenues of USD 1,259 million, compared to USD 855.6 million in October 2023. Australia Although Australian meat exports totaled 130,048 tons in October, the country is on track to comfortably exceed the maximum of 1.28 million tons per year established in 2014. In the first 10 months of the year, the cumulative total is ...

Source: Agromeat