Brazil’s Meat Exports to Reach US$ 8 Billion and Surpass Soybeans as Number 1

Brazzil Magazine covers

Brazil’s foreign sales of beef, pork, and poultry are expected to reach around US$ 8 billion this year, as estimated by the Secretary of Agricultural Surveillance of the Brazilian Ministry of Agriculture, Livestock, and Supply, Gabriel Alves Maciel.

If this estimate is borne out, meat will take over first place from the soybean complex in Brazilian agribusiness exports, as indicated two weeks ago by the Brazilian Confederation of Agriculture (CNA), when it announced the balance of international sales of foodstuffs, meats, and dairy products from January to July.

During this period agribusiness exports amounted to US$ 24.2 billion, 9.1% more than the US$ 22.2 billion sold during the same period last year.

However, unlike soybeans, for which world market prices are lower than in 2004, meat prices improved, and Brazil expanded its exports to around 40 countries.

Between January and July of this year, Brazil exported US$ 4.4 billion worth of meat, 34.5% more than during the first seven months of 2004. Besides the increase in export volume, the average price of meat, US$ 1.527 per ton, was 7.3% better than last year’s price.

On the other hand, the average price of soybeans is down 18.8% this year, from US$ 287.8 to US$ 233.6 per ton. Although the product continues in first place among Brazilian exports, the sales have lost impetus:

The US$ 5.4 billion in revenues obtained so far this year are 17.2% less than the US$ 6.5 billion registered between January and July of 2004.

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

Lula Calls for Mutually Beneficial Relations Between Brazil and Argentina

Brazilian President Luiz Inácio Lula da Silva said that Brazil and Argentina have an ...

Brazzil Magazine covers

Brazil Agribusiness Exports Explode: 27% Growth, US$ 74 Billion in Revenues

Brazilian agribusiness exports should end the year with revenues of US$ 74.4 billion with ...

Brazzil Magazine covers

The Phenomenon

With almost 1.6 million votes, Enéas made history during Brazil’s latest elections becoming the ...

Brazzil Magazine covers

Brazil Ups Exports Target to US$ 135 Billion and Surplus to US$ 44 Billion

According to estimates announced by the Brazilian Ministry of Development, Industry and Foreign Trade ...

Brazzil Magazine covers

Brazil Goes into State of Alert and Uses Army, Navy and Air ForBushce to Protect Bush

BrasÀ­lia will be the site of the largest security scheme ever mounted in a ...

Brazzil Magazine covers

Broadcasters Favor Japanese Format for Digital TV in Brazil

The discussion on what digital TV format to use in Brazil continues. Radio and ...