Sales of bovine semen in the Brazilian market fell by 2.8% in 2023; trade in the milk sector grew by 6.44%

Published Feb 22, 2024

Tridge summary

In 2023, Brazil experienced a 2.8% decline in the sale of semen for beef and dairy livestock, selling 22.5 million doses compared to 31.1 million in 2022, according to a survey by Cepea and Asbia. This decrease was largely due to a 5.4% drop in sales to beef cattle. However, the dairy sector saw a 6.44% increase in semen sales, attributed to the potential recomposition of the dairy cow herd. Semen sales in the foreign market also decreased by 0.9%.

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

Original content

Brazil recorded the sale of 22.5 million doses of semen for beef and dairy livestock in 2023. The mark represents a drop of 2.8% when compared to 2022, when 31.1 million doses were sold. 📲 Receive news from the Piracicaba region on WhatsApp The data comes from the most recent survey by the Center for Advanced Studies in Applied Economics (Cepea) on the campus of the University of São Paulo (USP), in Piracicaba (SP), in partnership with the Brazilian Association of Artificial Insemination (Asbia). In the foreign market, Brazil recorded a 0.9% drop in semen sales. 👇Read more details below. The reason for the drop, according to Cepea/Asbia, was the 5.4% decrease in sales to beef cattle between 2022 and 2023. A retraction, however, smaller than the 9.33% recorded between 2021 and 2022. “In the last two years, national breeders have faced constant drops in the sales prices of weaned animals, which, in turn, resulted in a greater rate of discarding of matrices and, consequently, in the ...

Source: G1globo