Argentina recorded a rise in meat exports and price tension with the farm

Beef exports registered a record in July, slightly exceeding the peak of last May. The total exported amounted to 65.8 thousand tons of beef product weight, 74.1 percent of which went to China, according to the latest Monthly Economic Report of the Chamber of Industry and Commerce of Meat and Derivatives of the Argentina (CICCRA). Regarding the certified volume in June, an increase of 31.6 percent was observed and in relation to July 2022 the increase was 10.1 percent. For its part, billing was equivalent to 272 million dollars (26.6 percent monthly and 21.3 percent annually). The average value per ton exported was 4,127 dollars with (with a reduction of 28.6 percent per year). The drop in price between June and July occurred “due to the difficulty of companies in obtaining the dollars necessary to pay freight, which caused losses to national companies.” When measured by tons of beef with bone, as carried out by the Chamber, the total volume was equivalent to 92.2 thousand tons in ...