Total beef exports fall 29% in revenue and 16% in volume in February

The end result displays the suspension of exports to China after the atypical case of mad cow illness recognized in Brazil. Throughout the interval, exports represented US$ 695.2 million and 152.4 thousand tons, a drop of 29% in revenues and 16% in quantity.

In line with Abrafrigo, the quantity displays a part of the consequences of the well being embargo, with the expectation that the outcomes will worsen in March.

“With out China shopping for Brazilian beef, what we are able to anticipate when it comes to exports is a 50% drop when it comes to quantity and a drop near that when it comes to income. Possibly even greater. Mainly, that is China’s weight inside our market composition at the moment. A month’s absence from China can have a monetary influence of as much as $500 million. It is a vital quantity, it’s an expressive quantity that Brazil fails to gather with this momentary absence of China. You really want to hope for a fast decision of this embargo”, defined the analyst at Safras e Mercados, Fernando Iglesias.

China is the largest purchaser of Brazilian beef, importing 100.1 thousand tons in January and 72,536 tons in February. Within the first two months of this 12 months, income from meat exports to the Chinese language was US$840 million, down 4.2% over the identical interval final 12 months. America, the second largest purchaser, imported 35,651 tons of Brazilian beef in February.

The Minister of Agriculture, Carlos Fávaro, mentioned that the assembly between technicians from the ministry and Chinese language authorities held final Tuesday evening, the seventh, could possibly be the final earlier than the resumption of gross sales to the Asian nation. In line with Fávaro, all pending points associated to the monitoring and monitoring of animals have already been resolved by the Brazilian facet.

The minister ought to go to China earlier than president Lula’s go to. He ought to arrive from the twentieth to the twenty second of March, whereas Lula will arrive on the twenty eighth of the identical month. The intention is to go away all the things prepared for the arrival of the president with the assistance of the Ministry of International Affairs.

In 2021, China suspended the acquisition of Brazilian meat for nearly 4 months after Brazil reported atypical instances of mad cow illness. On the time, exports have been down greater than 47% in comparison with 2020.

rooster meat exports

Brazilian exports of rooster meat totaled 379.2 thousand tons in February. The quantity is 1.3% greater than the full recorded in the identical interval of 2022, when 374.5 thousand tons have been shipped, in accordance with information from the Brazilian Affiliation of Animal Protein (ABPA).

In income, the rise reaches 11.1%, with US$ 736.3 million in February of this 12 months, towards US$ 663 million within the second month of 2022. Within the accrued end result for the 12 months, rooster meat gross sales reached 800.1 thousand tons, quantity 10.6% greater than the full reached within the first two months of 2022, with 723.7 thousand tons.

The lead to income from gross sales of Brazilian rooster meat reached US$ 1.593 billion within the first two months of this 12 months, surpassing by 24.5% the full recorded in 2022, with US$ 1.280 billion.

“The worldwide demand for the Brazilian product continues to rise, with occasional adjustments being offset by elevated purchases from different importing international locations. This 12 months, we’ve got seen conventional markets, resembling China and the European Union, resume their main position within the efficiency of rooster meat shipments from Brazil, indicating a pattern in buying conduct that ought to proceed all through 2023”, analyzes the president of ABPA, Ricardo santin.

Important vacation spot of Brazilian exports, China imported 111.7 thousand tons within the first two months of this 12 months, a quantity 23.2% greater than that registered in the identical interval of 2022, with 90.6 thousand tons. Returning to second place, Saudi Arabia imported 62.4 thousand tons this 12 months, adopted by South Africa, with 61.7 thousand tons, United Arab Emirates, with 61.2 thousand tons, Japan, with 60.7 thousand tons and European Union, with 40.1 thousand tons.