Tridge summary
Between January and August of 2024, bovine cattle benefits saw a 6.2% increase compared to the same period in 2023. The number of slaughtered animals reached 517.4 thousand, resulting in 134.1 thousand tons of meat. Nominal prices at livestock fairs experienced mixed results, with decreases in the prices of fattening cows and fat cows, but increases in other categories. Beef exports also saw a 1.9% increase from January to September of 2024, with China continuing to be the primary market. However, there was a 0.5% decrease in the volume of exports to China, with a FOB value of 50.5 million USD.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In the period January-August 2024, the benefit of bovine cattle shows an increase of 6.2%, in relation to the same period in 2023. The number of heads slaughtered reached 517.4 thousand animals and the production 134.1 thousand tons of meat. Regarding nominal prices at livestock fairs, during January - September 2024, compared to the same period in 2023, the nominal price of the fattening cow and fat cow decreased by 1.2% and 0.8%, the categories beef cow, fat steer, calf and steer for fattening showed increases of 3.1%, 3.4%, 3.4% and 4.5%, respectively. Regarding beef exports, during the period January-September 2024, the total volume of shipments increased by 1.9%, compared to the same period in 2023. China remains the main destination for beef exports with 74.4% of the value exported until September 2024, with 50.5 ...
Source: Agromeat
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