News

This is how Mercosur meat exports started in 2023

Frozen Bone-In Beef
Meat
Argentina
Brazil
Uruguay
Published Mar 2, 2023

Tridge summary

Beef shipments from Argentina and Brazil grew in January 2023, while in Uruguay the volume decreased but the value increased. These are the figures reported by these countries at the start of the new year, before the news of a new suspension of exports from Brazil to China. According to a report in the Argentine newspaper El Clarín, in January meat exports grew in volume and value, but in recent months there has been "a persistent downward trend in prices in the main destinations." Thus, in the first 31 days of 2023, they shipped nearly 50,400 tons of refrigerated and frozen beef worth $206.4 million, as indicated in the latest meat export report prepared by the ABC Exporters Consortium. The volumes shipped show an advance of 3.5%, while the value obtained shows an increase of 7.9% compared to December 2022.

Original content

In relation to the month of January 2022, the volumes exported were 30.9% higher ; while the value obtained fell 4.1%. The average export price of refrigerated and frozen beef last January was USD 4,097 per ton. This value is 4.3% higher than that of December, but it is 26.7% lower than that of a year ago, of 5,590 per t. (Read: Mercosur achieves a record in beef exports in 2022) According to Clarín, "there is a persistent downward trend in prices in the main destinations, from May onwards, reaching lows in December 2022" , with USD 3928/t. The January 2023 price is $2,200 below the maximum recorded in April 2022. Mario Ravettino, president of the ABC Consortium, assured that "the People's Republic of China has been the main export destination during the month of January 2023." . This market represented 74.8% of the volumes exported where purchase prices have also continued to fall. "(In January) 7.4 thousand tons of bone-in meat and bovine bones were shipped to China as a result ...
Source: MXContexto
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