Paraguay: Meat shipments to the United States generated close to USD 6 million until March

Published Apr 25, 2024

Tridge summary

Paraguayan beef exports to the US have generated foreign exchange of USD 5.8 million in the first three months, with 1,423 tons exported and an average export value of USD 4,133 per ton. However, there are concerns about the re-entry of Paraguayan meat into the US market after a 25-year ban, as the US Senate has approved a resolution to annul the authorization given by the Biden administration due to concerns about foot-and-mouth disease. Both the US government and the Paraguayan private sector are working to prevent the resolution from being approved in the House of Representatives, as Paraguay has WHOA certification as a country free of foot-and-mouth disease and meets all quality, safety, and health standards.

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

Original content

Three months after entering the US market, Paraguayan beef exports generated foreign exchange of USD 5.8 million. In the first quarter, Paraguay exported 1,423 tons and the average export value closed at USD 4,133 per ton. According to Senacsa records, in January 2024, 497 tons were shipped for USD 1,945,712. In the second month of this year, USD 2,273,543 were received for 514 tons shipped, while in March 412 tons were exported, which generated a figure of USD 1,661,750. The United States was ranked twelfth in the ranking of destinations for Paraguayan red protein at the end of March. It must be remembered that on March 21, the US Senate approved, with 70 votes in favor and 25 against, a resolution of the Congressional Review Act, which annuls the authorization given by the Biden administration to beef imports. Paraguayan. The process to approve the re-entry of Paraguayan meat into the United States, after 25 years, was rigorous and, finally, in 2023 it was enabled by the Animal ...

Source: Productivacm