Brazil: Price and opening of new markets boost beef exports
Fresh Whole Beef
Published Mar 11, 2021
According to data from the Foreign Trade Secretariat (Secex), in the first five working days of the month, the country exported 30.5 tons, with an average of 6.1 tons / day. The numbers show a growth of 7.7% in relation to the same February 2020 and 6.8% compared to the first week of March 2019.The values also showed a significant readjustment, with an increase of 4.3% (in comparison with the same period in 2020), going from US $ 4,393 to US $ 4,583 a ton. The increase in prices places the arroba of the Brazilian ox as the third most expensive in the world, in dollars, behind only the United States and Australia, according to data from the Mato Grosso Institute of Agricultural Economics - Imea. If, on the one hand, there is a concern with meat prices in the domestic market, on the other, the price escalation has helped to keep the productive system in operation, since internal production costs have also shown significant price readjustments. But this is not a problem unique to ...