Tridge summary
The average price of exported sheep meat per ton dropped to US$ 4,814 in the last week, a decrease of US$ 450 from the previous week, according to INAC. However, the 30-day average price rose to US$ 4,363 per ton, marking the third month of being above last year's values. The annual average price this week surpassed the price for 2023 to date, with shipping volumes to Brazil and the Middle East seeing a strong start, with a 21% to 23% increase compared to the previous year. However, the cumulative export revenue remains 33% below the previous year, largely due to a drop of over 70% in the volumes shipped to China.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The average ton of exported sheep meat averaged US$ 4,814 in the last week, according to preliminary data from INAC, a drop of US$ 450 compared to the previous week. However, the average for the last 30 mobile days rose to US$ 4,363 per ton and is in its third month above last year's values. In fact, the annual average this week exceeded the price for 2023 to date: US$ 3,882 compared to US$ 3,874 per ton. Business to Brazil and the Middle East started strongly in November, shipping volumes between 21% and 23% higher than the previous year. In the annual cumulative total, export revenue ...
Source: Agromeat
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.