Export prices: firm for beef and with a jump in lamb

Published Mar 20, 2025

Tridge summary

The average export revenue for beef for the week ending March 15 was $4,634, with a 30-day average of $4,782 and a year-to-date average of $4,712, 16% higher than the start of 2024. The volume exported in 2025 is similar to the previous year, with 42% of exports going to North American countries, primarily the United States, which has seen a 79% increase in shipments compared to last year. There has been a 57% year-over-year decrease in shipments to China. The average price of sheep meat exported in the last week was $6,126 per ton, with an annualized total exceeding the start of 2024 by 38%. Israel is the main market for sheep meat exports in the first half of the year, with China following in second place, but there has been a year-over-year decline in shipments to both countries.

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

Original content

Average export revenue for beef was US$4,634 for the week ending March 15, according to preliminary data from INAC. In the last 30 rolling days, it stood at US$4,782, and so far this year it has averaged US$4,712, 16% above the US$4,054 at the beginning of 2024. The volume exported so far in 2025 is practically the same as a year ago, at 103,267 tons. In the first half of March, North American countries—primarily the United States—continue to gain ground in terms of purchasing power, accounting for 42% of total exports, well above China's 30%. Shipments to the US in the first half of the month totaled 5,503 tons, a 79% increase compared to the 3,076 tons recorded a year earlier. On the opposite side, shipments to China show a sharp year-over-year decline, with 4,264 tons so far this month, a 57% decrease compared to the 10,020 tons reached in the first half of March 2024. Strong rebound for sheep meat With reduced weekly export volumes, fluctuations in the price of sheep ...

Source: Agromeat