Mexico: Number of cattle sent to the slaughterhouse remains low, while buffalo is rising

Published 2021년 4월 7일

Tridge summary

The article reports on the dynamics of cattle and buffalo slaughter in Colombia for the first two months of 2021 (January and February) compared to the same period in 2020 and 2019. It highlights a slight decrease in cattle slaughter by 1.3% in January and February, attributed mainly to a significant drop in January's figures, which reached the lowest level in the last decade. Despite this, the total number of cattle slaughtered in February was similar to the previous year, supported by a strong performance in exports.

Domestic demand for cattle remained weak, leading to a 4% decrease in internal consumption in February. Conversely, cattle slaughter for export experienced a notable increase, rising by 54% in February compared to the previous year and reaching record numbers not seen in the last decade. Buffaloes fared better, with a 13.7% increase in their slaughter numbers in the first two months of 2021 compared to the same period in 2020, and a significant 20.5% rise in February alone. These trends suggest a resilient cattle industry in Colombia, particularly in export channels, and a gradual recovery in buffalo slaughter figures.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

While the slaughter of cattle in the first month of 2021 was affected by measures to mitigate the second wave of the pandemic, in February there were better results, and although domestic demand did not rebound, the slaughter for export helped to increase this item. The buffalo is also on the rise. Between January and February 2021, 557 427 cattle were sent to slaughter, a difference of -1.3% compared to the first two months of 2020, according to the records of the DANE Cattle Slaughter Survey. This decrease is mainly due to the drop in the slaughter in January, which reported the lowest amount for this month in the last decade. (Read: Quarantines in January would have caused a drop in profit for livestock) On the contrary, the total number of cattle in February (including domestic consumption and export) remained stable with respect to the previous year with 273 494, just 0.4% less than the 274 555 (a difference of only 1061). Like the data for January and the second half of ...
Source: MXContexto

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