Brazil: Fresh beef exports could exceed 200 thousand tons in November, USP points out
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Published Nov 28, 2023
Brazilian exports of fresh beef in November reached close to the total volume exported in November 2022. If the current sales performance continues, total exports for the month could exceed 200 thousand tons. Pork prices have been rising due to increased demand from wholesalers stocking up for end-of-year demands. Additionally, Brazilian exports of agricultural products have increased by 3.2% from January to September 2023, with corn being the leading driver of growth in external shipments.
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Brazilian exports of fresh beef totaled, up to the third week of November, 119.27 thousand tons. The index is close to the total volume drained throughout the month of November 2022, which was 148.83 thousand tons. The data, from Secex, was released by the Center for Advanced Studies in Applied Economics (Cepea) on the USP campus in Piracicaba (SP). 📲 Receive news from the Piracicaba region on WhatsApp According to Cepea researchers, if the current sales performance abroad is maintained until the end of the month, total Brazilian exports of fresh beef could exceed 200 thousand tons The survey points out that the daily average of shipments reached 10.82 thousand tons in November, an increase of 45.41% compared to data from the same period last year. Pigs Pork prices have been rising since the second week of November, which, according to Cepea researchers, can be explained by the increase in demand from wholesalers who have been trying to build up stocks for end-of-year demands. ...