News

Uruguay continues to grow in beef production and exports during 2024

Fresh Whole Beef
Meat
Uruguay
Market & Price Trends
Published Mar 25, 2024

Tridge summary

In the initial months of 2024, Uruguay experienced a notable uptick in its cattle industry, with a 11% increase in cattle slaughter, reaching 408,430 heads, and an 8.8% rise in beef exports, totaling $339.74 million. The volume of beef exported also surged by 14.4% to 83,526 tons. Despite a 14.7% drop in beef imports by China, it remains Uruguay's largest beef market. Meanwhile, exports to the UMSCA countries (United States, Canada, and Mexico) saw a remarkable 75.2% growth, and exports to the EU increased by 17.5%, indicating a diversification in Uruguay's beef export markets.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Throughout the first two months of 2024, 408,430 heads of cattle have been slaughtered in Uruguay, 11% more than in 2023. As for exports for this concept, they added 8.8% in value and remained at 339.74 million dollars, for a total of 83,526 tons of meat exported, 14.4% more. The main buyer of Uruguayan beef continues to be China with 35,937 t, 14.7% less than in 2023, followed by the UMSCA (United States, Canada and Mexico) with 25,279 ...
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