It’s a Bull’s Market for Brazilian Beef

The number of markets that buy Brazilian beef rose this year from 106 to 140. For the Brazilian Association of Meat Export Industries (Abiec), the 34-country increase in a single year reflects the consolidation of Brazilian leadership in an area that demands quality and hygiene.

181 thousand tons of beef were shipped in October, 33% more than in October, 2003. The earnings amounted to US$ 223 million.


Between January and October, exporters sold 1.5 million tons and received US$ 2 billion. Last year’s revenues for the same period were 69% lower.


Over the past 12 months, the sector has shipped 1.8 million tons and received US$ 1.3 billion, 66% more than during the corresponding period in 2002-03.


For Marcus Vinicius Pratini de Moraes, president of the Abiec, this result is important for two reasons: It demonstrates the competitiveness of the Brazilian product, which possesses quality and hygiene, and it reduces the country’s exposure to eventual problems in one market or another, in a context in which new commercial barriers are liable to be imposed in the name of animal and plant hygiene.


Pratini de Moraes emphasized that Brazil managed to expand the market in consequence of “a great marketing effort.”


The country’s current list of clients includes countries like Moldova and Kazakhstan, and Brazil’s position is being solidified in neighboring countries such as Venezuela.


“Last year we made a marketing effort that had a big influence on this outcome,” he affirmed.


At present, the most important importers of Brazilian fresh beef are Russia, the Low Countries, Italy, Chile, Egypt, Algeria, Iran, Spain, the United Kingdom, and Germany.


Together, these markets absorbed 87 thousand tons of Brazilian meat in October. The earnings totaled US$ 127 million.


Agência Brasil
Translator: David Silberstein

Tags:

You May Also Like

A Record: Brazil Exports US$ 118 Billion and Gets US$ 45 Billion Surplus

2005 Brazilian trade balance (difference between what the country bought and sold abroad) was ...

Paraguay Sees Venezuela in Mercosur as Protection Against a Bully Brazil

One of the benefits of the Venezuelan incoroporation to Mercosur is that it should ...

Brazil Led Agrofuel Revolution Is Anything But Revolutionary

Agrofuel development has arrived on the global stage. Just this year, the number of ...

Brazilian Businessmen Can’t Decide If They Want Chavez in the Mercosur

In Brazil, the National Congress controversy over the incorporation of Venezuela to the Mercosur ...

Brazilian Market Has Now Fallen 42% with No Relief in Sight

For the sixth day in a row the Brazilian markets continued their downhill trip. ...

Brazil Follows U.S. and Gets Back to Black

Latin America took part in U.S. market enthusiasm, led by Brazil. Latin American receipts ...

Middle East and Asia Lead Brazil to New Record in Chicken Exports

Once again the Middle East was the leading market for Brazilian chicken overseas. Exports ...

Just-Discovered Subterranean River Under the Amazon Might Be the World’s Largest

In Brazil, a group of scientists say they have found signs of a huge ...

Brazil Reassured That Finance Minister Won’t Fall

Latin American markets sank, with Brazilian and Mexican shares falling on profit taking following ...

Brazil’s Embraer Announces US$ 1.25 Billion Firm Order Backlog

Brazilian aircraft maker Embraer announced today, July 18, the firm order backlog and production ...