With 8.91 million tons of beef, Brazil breaks production record in 2023, points out USP

Published 2024년 2월 24일

Tridge summary

In 2023, Brazil saw a record beef production of 8.91 million tons, marking an 11.2% increase from the previous year, as per the Brazilian Institute of Geography and Statistics (IBGE). The surge in production, primarily for the domestic market, led to a drop in prices due to the increased supply. However, average productivity was impacted by drought in several production regions and high grain prices. The year also saw a 13% rise in the number of slaughtered animals, with females accounting for over 40% of the total in various months.

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

Original content

Brazil produced 8.91 million tons of beef in 2023, according to a survey by the Brazilian Institute of Geography and Statistics (IBGE). The number is considered a record by the Center for Advanced Studies in Applied Economics (Cepea), at the Luiz de Queiroz College of Agriculture (Esalq), the campus of the University of São Paulo (USP), in Piracicaba (SP). 📲 Receive news from the Piracicaba region on WhatsApp Cepea researchers point out the numbers as preliminary, but indicate that production is 11.2% higher than the 2022 index and 8.6% above the previous record, recorded in 2019. According to the center's professionals, there was an increase of 900 thousand tons compared to 2022. As for exports, the increase was 22.8 thousand tons, equivalent to 25.7% of Brazilian production. Most of the amount went to the national market, which led to a price reduction, due to the large supply. The Cepea/B3 Live Cattle Indicator fell by 12% and the wholesale beef carcass in Greater São Paulo ...

Source: G1globo