Brazil beef exports decline considerably in October


Export volumes declined 17.3% over September


calendar icon 28 November 2023

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Brazilian shipments of beef meat – each processed and in herbal merchandise – diminished considerably in October, hitting the bottom quantity in 8 months, consistent with a up to date marketplace record from Cepea.

The aid of gross sales to a few nations in Asia, primary vacation spot of the nationwide product, pressed down the overall exports.

In line with information from Secex, 92 thousand lots of beef meat had been shipped in October, reducing 17.3% and 5.3% in comparison to September/23 and October/22, respectively. 

It’s the smallest quantity since February 2023. The day by day reasonable of exports used to be 4.4 thousand lots, 21% not up to in September and down 10% relative to October 2022.

The earnings acquired in October used to be BRL 1 billion, 16.3% not up to in September and 18.2% beneath that registered in October 2022. In buck,s the decreases had been 18.2% and 15.3% within the per 30 days and annual comparisons, respectively, totalling USD 199 million.



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