Meat exports hit the domestic supply of cattle in Colombia

Published 2021년 3월 25일

Tridge summary

Colombian livestock producers are experiencing success in international sales, with a significant increase in meat, by-products, and live cattle exports, reaching a four-year high. The main buyers include Egypt, Hong Kong, and Lebanon. However, the surge in exports has led to a decrease in domestic food prices and an 8.4% drop in beef consumption due to increased prices and reduced household purchasing power during the pandemic. The meat processing industry is warning that the unchecked export of live cattle will further drive up cattle prices and meat costs for consumers, potentially leading to a decline in consumption. The industry is urging the government to regulate live animal exports and address the issues arising from the current commercial practices.

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

Original content

Colombia.-Colombian livestock is experiencing a bittersweet situation. On the one hand, producers continue to increase their presence in the international market, by increasing shipments of meat, by-products and live cattle, the highest in the last four years both in tons and heads and in value. However, the slaughterhouses alerted the Government about the negative effect on domestic food prices, as a consequence of foreign sales. According to the Colombian Federation of Cattlemen (Fedegán), in the first month of this year international sales of meat and offal from Colombia totaled 3,366 tons for USD12.5 million. In live animals, the figures were 25,507 animals worth US $ 13.3 million. In the first month of the year, the ranking of the main buyers of beef and / or live animals was led, in their order, by Egypt , Hong Kong and Lebanon, followed by Jordan, Saudi Arabia, Chile, Russia, United Arab Emirates, Vietnam, Qatar, Congo and Aruba. José Félix Lafaurie, Fedegán's executive ...

Source: Arriba El Campo