Chilean meat exports have uneven performance in the first half of the year

Published Jul 20, 2021

Tridge summary

Chile's exports of pork, poultry, and beef experienced mixed results in the first half of the year, with a decrease in beef exports due to temporary plant closures, increased matter premium, and a slight decrease in the dollar. Pork meat exports saw a 4.6% increase, while poultry meat exports saw an 8.9% contraction. Internationally, the beef market is expected to be active as Covid-19 restrictions are lifted, with the United States strengthening its position. U.S. beef exports are projected to reach a record 1.5 million tonnes by 2021, with China being the main market. Low production in Australia and tighter exportable supplies from Mercosur are expected to limit global beef availability in 2021.

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

Original content

By Redacción PortalPortuario.cl, @PortalPortuario, During the first semester, exports of pork, poultry and beef from Chile to the world had mixed results, according to the latest report from the Office of Agrarian Studies and Policies (Odepa). According to the entity, in the first semester of the year, beef exports stood at 8,351 tons, 30.5% less than last year, as a result of the temporary closure of some plants to export to China, an increase in the matter premium and a slight decline in the dollar., On the other hand, the export of pork meat registered a 4.6% increase in shipments, reaching a volume of 141,872 tons until June. Finally, poultry meat exports registered a contraction of 8.9% compared to the same period in 2020, with a total export volume of 70,454 tons., Odepa indicated that international reports show a very active international beef trade, given the reduction in Covid-19 restrictions in many countries. USDA projections indicate that the United States will ...

Source: CLPortalportuario