Colombia: In October, slaughter for export registered a milestone that had not been seen for 2 years

Published 2024년 12월 7일

Tridge summary

In October 2024, Colombia experienced a 3.4% increase in cattle slaughter compared to the previous year, as reported by DANE's Livestock Slaughter Survey. This rise is attributed to enhanced domestic consumption driven by improved purchasing power and stable meat prices, although the figures remain 6.6% below pre-pandemic levels of 2019. Export slaughter has shown recovery since August 2024, primarily due to increased exports to China. Additionally, buffalo slaughter rose by 3.5% from 2023, with notable growth in male buffalo slaughter over the last five years.

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

Original content

According to the most recent data from the Livestock Slaughter Survey (ESG) of the National Administrative Department of Statistics (DANE), cattle slaughter closed in October with 2,637,930 heads, 3.4% better than the 2,551,197 registered in the first 10 months of 2023 (increase of 86,733 heads). It also rose 3% compared to the 2,560,200 of 2022, but is 6.6% lower than the 2,824,482 of January-October 2019, the last year before the pandemic. The increase is mainly due to domestic consumption, which went from 2,488,140 to 2,578,701 carcasses (90,561 carcasses), an increase of 3.6%. This internal benefit also shows an increase of 7.9% compared to the previous year, 2022, but compared to 2019, the decline is 5.6%. Thus, although the overall result for 2024 is better than the last 2 years, in general it shows a decline that has been occurring since 2013. Óscar Cubillos, head of the Office of Planning and Economic Studies at Fedegán-FNG, explained that the improvement in the purchasing ...

Source: Agromeat