Cattle slaughter recorded an increase in the 1st quarter of 2024; points out IBGE

Cattle slaughter recorded an increase in the 1st quarter of 2024;  points out IBGE
In the first quarter of 2024, cattle slaughter registered an increase of 24.1%, reveals research by the Brazilian Institute of Geography and Statistics (IBGE), based on preliminary results from Livestock Production Statistics. Compared to the last quarter of 2023, cattle slaughter grew by 0.9%.

The data reveals that 9.24 million heads of cattle were slaughtered in the first quarter of this year.

The livestock coordinator at Safras & Mercado consultancy, Fernando Iglesias, assesses the scenario. “The growth in slaughter is natural, we are in a year in which female culling continues to be very present within the market, so in this way, we will see the evolution of cattle slaughter across Brazil.”

Furthermore, the research shows that there was a drop of 1.3% and 1.8% in chicken and pig slaughters, respectively. Chicken slaughter reached 1.59 billion heads, while pig slaughter reached 13.92 million.

In relation to the 4th quarter of 2023, chicken slaughter expanded by 4.0% and pig slaughter fell by 1.6%.

Iglesias explains that the reduction in the slaughter of chickens and pigs is also natural, as there was less housing for these animals in November, which means that the number of slaughters also decreases.

Charles Dayler, agricultural engineer, highlights that new markets have been opened, that is, Brazil has new customers to buy beef, pork, among others.

“In China, acceptance has improved. Some places that were unable to export were able to do so again. Furthermore, new slaughterhouses were registered and are ready to export. So we increased the number of Brazilian agents who are authorized to export to China, which is the main market”, he explains.

Impacts on the economy

The engineer points out that the impact on the Brazilian economy is positive, as it will improve supply, therefore, the domestic market will benefit, with a tendency to maintain or slightly reduce the price of meat.

“Furthermore, if you increase exports, you improve the Brazilian trade balance. So you will have more foreign resources coming to Brazil and this will lead to an improvement in Brazilian agricultural GDP”, he adds.

Read more:

With 31 new markets open for agribusiness, Brazil expands the presence of products on the world market

Rural producers: new BNDES credit line could reach R$10 billion in 2024

By Brasil 61

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