• Categories
  • Archives

Brazilian Beef Industry Has Plans to Weather the Crisis

Brazilian slaughterhouse Beef exports by Brazil, from January to November, totaled US$ 5 billion, representing growth of 22.3% compared with the same period of last year. In terms of volume, however, shipments saw a decrease of 14.4%, having totaled 1.29 million tons.

"We are very much dependent on Russia, which is being seriously affected by the crisis and is undergoing credit-related problems," stated the president at the Brazilian Beef Industry and Exporters Association (Abiec), Roberto Gianetti da Fonseca.

The Russian market, which answers to 38% of foreign sales of the Brazilian product, is the leading export destination. From January to November, Brazil exported the equivalent to US$ 1.4 billion to that country. Shipments totaled 371,960 tons during the period. According to Fonseca, in the face of the crisis, the organization's strategy consists of diversifying its markets.

The growth of exports, in terms of value, according to Fonseca, is a result of the 40% increase in international meat prices. The president at Abiec estimates that foreign sales should be between US$ 5.3 billion and US$ 5.4 billion in December, and the volume should be between 1.3 million tons and 1.35 million tons. "The year of 2008 was a memorable one. It was positive," he said.

In 2009, the Abiec expects to maintain the shipped volume and export figures achieved this year. According to Fonseca, the price of beef should fall, because there is great supply and little demand. "We are already renegotiating prices," he said.

The president also stated that next year the organization is going to work in order to double its sales to the European Union, which embargoed Brazilian beef this year, prompting a decrease in exports to the region.

With regard to the crisis, Fonseca stated that Brazil has to face it with courage, creativity and daringness. "The beef industry is not going to be as affected as other industries of animal origin (such as chicken and pork)," he said.

According to him, the beef industry should be the least affected, because it is able to adjust itself to the supply. "Whenever there is an excess supply, we leave the cattle on the pasture for a while longer, at not that high a cost (compared with other sectors)," he stated.

Last month, Brazilian beef exports decreased by 34.4% in shipped volume, which totaled 83,430 tons, as against 127,200 tons in November 2007. Foreign sales totaled US$ 335.72 million, representing a reduction of 13.8% compared with the same month of last year.

"This was the first month in many years in which there was a reduction in value compared with the same month of the previous year," said Fonseca, who attributed the 76.8% decrease in volume and 69.5% decrease in export value to Russia.

In November, the leading buyer of the Brazilian product was Venezuela, followed by Russia, Iran, Hong Kong and Egypt. According to Fonseca, Venezuela and Iran are great potential buyers of Brazilian beef. "Those are oil producer countries," he said.

Anba

Tags:

  • Show Comments (1)

  • ch.c.

    “Those are oil producer countries,” he said.
    TRUE !
    But…but….less than RUSSIA !

    Thus you can see what is going to happen with your beef exports to oil producing countries !

    πŸ˜€ πŸ˜‰ πŸ˜€ πŸ˜‰ πŸ˜€ πŸ˜‰ πŸ˜€ πŸ˜‰

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

A Brazuca in Sweden

We can start a new friendship in five minutes. Of course, we Brazilians have ...

A Brazilian’s Theory on Heart Disease Gets Some Respect in the US

Considered fascinating by many physicians and scientists, the myogenic theory of myocardial infarction, developed ...

Brazilian President Calls New Health Amendment a Present of Greek

Brazilian president Dilma Rousseff called it a “Greek’s present,” aΒ Portuguese expressionΒ Brazilians use toΒ recall the ...

Brazil Can’t Make Its Mind on Transgenics

Marina Silva, Brazilian Minister of Environment is calling for a definitive ruling on transgenetic ...

Blacks Denounce Brazil for Racism at the OAS

There are more than 90 complaints against Brazil in the Human Rights Commission of ...

Light Trading in Brazil While Varig Learns Bankruptcy Is the Best Medicine

Brazil’s stock market inched ahead, while Mexico receded. Investors are awaiting meaningful data from ...

Glorious Leaps

In 1952 in Helsinki, Adhemar was continuously cheered by the public on a memorable ...

Brazil’s Most Famous Architect Celebrates 102th Birthday Working

The most famous and oldest architect of Brazil, Oscar Niemeyer, celebrated, yesterday, December 15, ...

Brazil’s Petrobras Buys TermocearΓ­Β‘ Electric Plant

MDU Resources Group, Inc. announced today that its Brazilian partnership with EBX Capital Partners, ...

Children dictionary teaches Brazil about Arab world

A Is For Arab, in New Brazilian Dictionary for Brazilian Children

Brazilian children have just won an ABC to the Arab culture. In the book ...