Uruguay remains firm on beef export prices

Published 2025년 4월 13일

Tridge summary

In March 2025, Uruguayan beef exports experienced a significant increase in both price and volume. The average export price per ton rose by 2% to reach $4,790, a year-on-year increase of 21%, with the United States being the primary market. Despite a decrease in shipments to China, there was a notable growth in exports to the European Union. The domestic cattle market remained stable, with strong industrial demand. Meanwhile, the first shipment of live cattle to Israel, containing between 3,000 and 4,000 animals, is scheduled for late April or early May, and turkey remains a significant market despite political instability and currency devaluation. In the first quarter of the year, Uruguay exported 58,607 live cattle, primarily to Turkey.

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

Original content

The export price of Uruguayan beef continues a strong upward trend throughout 2025. In March, the average price per ton reached US$4,790, according to preliminary data from the National Institute of Canres (INAC), representing a monthly increase of 2% and a year-over-year increase of 21%, compared to the US$3,964 recorded in March 2024. This figure represents the best average price since September 2022. During the last week of the month, the average price was even higher, reaching US$4,841, and so far this year, the overall average stands at US$4,720 per ton, marking a year-over-year recovery of 16.6%. In terms of volume, 43,396 tons of beef were exported in March, representing an 8.5% increase compared to the 40,003 tons exported in the same month last year. The United States was the main destination, with 17,297 tons, a notable 51% year-over-year increase. China, the second most important destination, saw a 23% drop, receiving 13,518 tons. Growth was also notable for the ...

Source: Agromeat