Brazilian agribusiness exports reached a record of US$ 136.10 billion in the first ten months of 2022, which represents a 33.0% increase in value over the same period in 2021, according to the country's official foreign trade office. China remained as the leading destination for Brazilian commodities, purchasing US$ 45.28 billion, equivalent to 33.3% of total exports Brazilian agriculture.
An Uruguayan team has successfully persuaded would-be buyers at the 5th China International Import Expo (CIIE) in Shanghai of the benefits of a healthy diet containing beef from the South American country.
Argentina's Rosario Stock Exchange Friday reported the first semester of 2022 showed record beef exports 39.4% above figures from the same period last year, worth US$1.75 billion. Beef shipments grew US$ 457 million from US$ 1.293 billion.
The Brazilian Animal Protein Association (ABPA) has reported that pork exports (all products, raw and processed included) reached 91.4 thousand tons in March, which is 16.3% lower than the February 2021 record with 109,2 thousand tons.
Brazil in the first two months of this year became for the first time ever, the main supplier of beef to the United States. In January the US took 45,400 tons of Brazilian beef and in February 25,600, totaling 71,000 tons, ahead of more traditional suppliers such as Canada, Australia, New Zealand and Mexico, according to US Agriculture Department released early April.
A leading beef-exporting group in Argentina, which earlier this week had stood up to the Government's demands that the domestic market should be prioritized over shipments abroad, has given in to the authorities' warning and agreed to supply their share of cuts at Cared-for Prices.
The Argentine beef industry is optimistic about world meat production and global demand this year, with China again playing a leading market role. A report issued by Argentina's Rosario Stock Exchange (BCR) and the Mercado Ganadero Department (Rosgan), world beef production will reach 58 million tons, representing a 1% increase over 2021.
Uruguay's Agriculture and Livestock Minister Fernando Mattos explained during the weekend that in addition to a batch of Uruguayan beef turned down by China at the port of destination for containing excessive amounts of fat, a similar case had been detected in the port of Montevideo, which was ready to be shipped.
Argentine beef industry sources quoted by local media Sunday announced the administration of President Alberto Fernández was not planning to ban beef exports or set up quotas, after announcing last week a series of measures to detect under-invoicing.
Argentina's government Thursday created a registry of beef exporters among other measures to curb under-invoicing, which authorities fear has been going on for a while now.