Bull Times for Brazilian Beef

Revenues from Brazilian beef exports in the month of September reached US$ 241 million, which in comparison to the US$ 141 million in the same month last year, represents an increase of 70%, according to information disclosed by the Brazilian Beef Industry and Exporters Association (Abiec).

In total, 114,000 tons of beef were shipped, whereas 68,000 tonnes were shipped in the same period in 2003, an increase of 67%.

The main buyers of Brazilian beef last month were Russia, the United Kingdom and Italy.

Algeria was the main highlight among new markets. Only in September, the Arab country imported the equivalent to US$ 13 million.

In the period from January to September, beef exports reached US$ 1.7 billion, against US$ 1 billion during the same period in 2003, which represents a 76% increase.

832,000 tons were shipped to foreign markets, 45% more than in the first nine months of the previous year.

Anba

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