Campolitoral / [email protected]
According to the latest report from the Chamber of Meat Industry and Commerce of the Argentine Republic (CICCRA), last October 2023, the Argentine meat processing industry exported 49.6 thousand tons of product weight (tn pp) of beef . That is, an almost identical quantity was exported to those registered in June and September of the current year. 38.9 thousand tons of beef were exported to China in October, that is, 1,521 tons of beef less than in October 2022 (-3.8%). Shipments to the US totaled 1,941 tn pp and were 37.4% lower than a year ago. Meanwhile, exports to Israel were equivalent to just 367 tn pp in the tenth month of the year, which showed an annual drop of 71.6%.
You may also like:
Gradually, the increase in the farm would reach the butcher shops in two weeks
In terms of income from beef exports, in the tenth month of the year they totaled 184.3 million dollars, a figure that was 31.8% lower than that of October 2022. This was a result of the lower volume exported and the lower value unit of exported cuts. The average price was equivalent to $3,715 per ton pp and was 27.4% below the average recorded in October of last year.
In January-October 2023, Argentine beef exports amounted to 789.7 thousand tons r/c/h, resulting in both cases 5.2% higher than those certified in January-October 2022. In terms of destinations, it is possible Note that 77.5% of the total was sent to China.
Export income totaled 2,327.4 million dollars. In the interannual comparison, a contraction of 23.2% was observed, exclusively due to the 27.0% annual drop in the average export price.
Beef exports to China were equivalent to 428.6 thousand tons pp in the first ten months of the year and represented 77.5% of the total.
In the first ten months of the year, Israel remained the second most important destination for Argentine beef exports. In third place was the United States, which in January-October 2023 purchased 20.3 thousand tons of beef (3.7% of the total), that is, 16.9% more than in the same period of 2022. On the other hand, the average price fell 14.9% annually, reaching $5,412 per ton pp.
Among the main destinations for Argentine beef exports, Chile was the one that contracted the most between January-October 2022 and January-October 2023.
Firmness from Cañuelas
In the Cañuelas market during November, the number of heads sold continued to grow (5.6% monthly; 18.1% annually) and the average value of the standing farm (11.7% monthly; 240% annually). The average price reached $870.7 per live kilo in the eleventh month of the year. The values of bulls and cows led the ranking of price increases.
Between October and November, it was the values of bulls and cows that showed the greatest increases: 18.4% and 15.0%, respectively. Then the prices of bullocks, steers and heifers were located, with increases of 11.8%, 11.4% and 11.4%.
Meanwhile, when making the year-on-year comparison, and as a result of the large price increase caused by agricultural dollars and the post-STEP devaluation jump (due to cost increases that could not be absorbed by the livestock sector) in the last five months, the The price of animals sold in the Cañuelas market registered an increase of 240.9% compared to November 2022. That is, in the last year, and after the delay that had occurred between the beginning of 2022 and mid-2023, The price of a live kilo more than tripled (it multiplied by a factor of 3.4).
2023-12-08 14:06:56
#Beef #exports #fell
