Brazilian Cattle Ranchers Losing Money Despite Growing Exports

Brazilian beef exports totaled US$ 295.8 million in June, 33% more than in June, 2003. Nevertheless, the situation of cattle ranchers has deteriorated.

According to a study released by the National Confederation of Agriculture and Livestock (CNA) and the University of São Paulo’s Center of Advanced Studies in Applied Economics (Cepea/USP), the prices ranchers are paid for fattened stock fell 11.3% between January and May, while their costs rose 4.29%.


The president of the CNA’s Permanent National Beef Cattle Forum, Antenor Nogueira, informed that, in reaction to the loss of income, ranchers spend less on inputs, which jeopardizes productivity and the sector’s market share.


“With the reduction in investments comes the deterioration of ranches and a decrease in the calving rate,” he explained.


The downward trend in the income of the sector has been evident since the second half of 2003.


“Brazil’s annual per capita beef consumption was 42 kilograms (93 lbs), and now it’s around 37 kilograms (82 lbs). The space we lost has been occupied by other types of meat,” Nogueira affirmed.


ABr

Tags:

Ads

You May Also Like

Rapidinhas

People The art of unveiling Simply naked Anna A Cannes Film Festival without a ...

Short Takes Brazilian music releases in the US

Jorge da Silva For many fans here in the US, the term next Brazilian ...

Brazil Gets the World’s 40th Place for Eco-Friendliness

Despite being the custodian of the world's largest forest, the Amazon, Brazil gets low ...

Brazil Protests: Bus and Banks Vandalized and Burned in Rio and São Paulo

Protesters demonstrating in Brazil in support of teachers receiving better pay in the Brazilian ...

And Now?

"New" market prices should be high enough to encourage private investment and push the ...

Brazil’s Petrobras Raises US$ 30 Billion and Is Fully Financed Till 2013

Brazil's Petrobras Business Plan, announced in January for the 2009-2013 is already fully financed. ...

Brazil Press Opposes Social Control Lula Wishes to Impose on Media

Luiz Inácio Lula da Silva, Brazil’s most popular president in recent history, seems to ...

Brazil’s Petrobras to Spend US$ 6.5 Billion in Its Biggest Project Ever

Petrobras presented plans for a US$ 6.5 billion petrochemical complex described as the "biggest ...

Stones Hope to Make History Rocking Free in Brazil for 2 Million

Screams and cheers greeted the Rolling Stones as they pulled up to their beach-front ...

Aquila’s Spell

To believe in the mathematic that drew them apart, she working the whole day, ...