Knowledge

To provide the latest market news and hold online & offline events to assist you being well-informed and making decisions.

14

2023

-

02

Brazil's Beef Exports Continued to Rise in January

Source:

Heyi Beef

In January, Brazil's beef exports reached 160,200 tons, up 16% YoY. The average price was $4,843/ton, down 2.2% MoM, the lowest level since Brazil's export to China was suspended in December 2021.

 

In January, Brazil's beef exports reached 160,200 tons, up 16% YoY. The average price was $4,843/ton, down 2.2% MoM, the lowest level since Brazil's export to China was suspended in December 2021.

 

-It's expected that China will authorize the export of new Brazilian facilities

GACC will evaluate the export licenses of eight new slaughterhouses submitted by the Brazilian Ministry of Agriculture in mid-December. Although most people are generally optimistic about this, others believe that further information may be obtained after President Lula's visit to China in March.