Changes in Uruguayan beef exports in April

Published 2024년 5월 6일

Tridge summary

The United States has become the leading importer of frozen boneless meat, overtaking China, due to its demand for lean meat to be mixed with fatty surpluses in feedlots. There has been a 44% decrease in exports to China, making it the lowest volume exported since 2020, while Israel and Russia have emerged as notable new markets, importing over 500 tons and 2,000 tons of frozen deboned meat respectively in the first four months of the year. This shift indicates a significant reconfiguration in the international trade of Uruguayan beef.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In a significant shift, the United States emerged as the top destination for frozen boneless meat, displacing China in this segment. With nearly 7,800 tons of frozen deboned meat exported to the United States, the North American country is positioned at the top of this market, while China historically occupied that place. This change in export dynamics is mainly due to US demand for meat lean to mix with their fatty surpluses in the feedlots. Another point of interest is the decline in exports to China, which have fallen 44% compared to the same period last year. This decrease, which amounts to a total of 56,000 tons in the first four months of the year, marks the lowest volume exported to China since 2020, in the midst of the pandemic. In terms of new emerging destinations, Israel is consolidating itself as the second main market for frozen meat on the bone, with more than 500 tons exported in the first four months of the year, April being a particularly active month with 207 ...
Source: Agromeat

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