News

Uruguay: July cattle exports were the lowest in almost two years

Frozen Bone-In Beef
Uruguay
Published Aug 5, 2022

Tridge summary

The drastic drop in cattle slaughter was felt in export volumes. Uruguay exported 24,863 shipping weight tons of beef in July, the lowest monthly volume since August 2020, almost two years ago, according to data on export applications reported by Customs. The average FOB value fell 1.2% monthly to US$ 7,144 per carcass weight ton.

Original content

China continues to largely dominate as a destination, although the percentage placed in this country was lower than in previous months. Almost two out of every three kilos (65%) went to the Chinese market, a proportion that reached 76% in January and 72% in March. The average value of exports to China began to show the downward adjustment in prices to this destination; frozen boneless was shipped at an average value of US$6,504 per ton, US$118 below June and US$275 (4%) less than the April peak. In the first seven months of the ...
Source: Elagro
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