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

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

Brazil’s Lula: "We Have to Grow Again"

"I’m going to do what I promised. I only ask for comprehension. It has ...

A Brazilian Fairy-Tale Musical Comes to the Rio Stage. Can Broadway Be Far Behind?

Over the past few seasons there has been an explosion of films, television series, ...

Second Brazilian in a Month Dies While in US Custody

For the second time in a month a Brazilian has died while in the ...

Brazil Presidential Candidate Marina Silva Vows to Promote Democracy in Cuba if Elected

Brazilian resident Dilma Rousseff’s main foreign affairs’ advisor Marco Aurelio Garcia denied Brazil has ...

Brazil Hailed as Model in Ethanol in International Encounter

Brazilian ethanol production was mentioned in the majority of the lectures given, January 23, ...

Stuttering Start

All is not as rosy as financial markets would have us believe. Congress practically ...

Brazilian Gays Discuss Same-Sex Marriage in Congress

Today, in the National Congress in BrasÀ­lia, capital of Brazil, the Brazilian Association of ...

An inmate in a Brazilian prison

Washington’s Annual Report on Brazil’s Bad Behavior

The US State Department has released its annual Country Reports on Human Rights Practices ...

Movement of Those Displaced by Dams

Brazil: An Explosive Situation Against Dams

There has been ongoing controversy and violence since the beginning of the construction of ...

Brazilian chicken ranch

With Avian Flu Behind Brazil’s Chicken Exports Grow 85%

Brazil exported around US$ 400 million in chicken meat during the month of May, ...