The 2 international locations serve other markets, Cepea mentioned
12 December 2023
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Argentina’s exchange in executive would possibly not impact the Brazilian farm animals sector, Cepea mentioned in a up to date information unlock. As a large meat manufacturer, Brazil most effective purchases small quantities of product from Argentina.
In keeping with information from the USDA, Argentina is the 5th major manufacturer and exporter of pork.
Within the global marketplace, there could also be no expectation of fierce pageant with Brazil, Cepea mentioned. Whilst Argentina does export extra, the beef produced within the nation is recognised by way of its top quality and is generally traded in numerous segments than the ones occupied by way of the Brazilian product.
Additionally, manufacturing prices in Argentina are a lot upper in comparison to Brazil. Agribenchmark information display that, in 2022, the manufacturing prices in Brazil averaged USD 47.90 in step with arroba, within the device in keeping with pastures, and USD 57.4 in step with arroba in that in keeping with feedlot. In Argentina, the averages reached USD$62.69 in step with arroba (pastures), which represents 31% greater than that during Brazil, and USD$78.02 in step with arroba (feedlot), 36% upper.