Higher Prices and Russia Give Brazilian Beef Exports a 15.5% Boost

Brazilian cattle beef exports totaled US$ 2 billion from January to July this year, which represents an increase of 15.5% when compared to the same period last year.

Shipments totaled 1.29 million tons, growth of 2.3%. The figures were supplied today, August 8, by a spokesperson for the Abiec (Associação Brasileira das Indústrias. Exportadoras de Carnes -Brazilian Beef Industry and Exporters Association).

According to information supplied by the Abiec, the main factor for the greater revenues with cattle beef exports was the rise in the price of the product on the foreign market.

With the domestic market fully supplied, slaughterhouses have adopted a more aggressive policy in seeking better prices in the 180 countries that import Brazilian meats.

The main market for raw cattle beef in the first seven months of the year was Russia, which imported US$ 251 million and 171,000 tons. In second place came Egypt, with US$ 230 million and 184,000 tons, followed by Italy, Holland, the United Kingdom and Algeria.

The United States, in turn, was the main destination for industrialized Brazilian beef, with imports of US$ 165 million and 97,000 tons.

Last month, foreign sales of the product totaled US$ 355 million, which represented growth of 8.6% when compared to last year. Shipments totaled 221,000 tons in the month, a reduction of 4.11% when compared to the same period in 2005.

Tags:

You May Also Like

Emir of Qatar Says Yes to Brazil’s Lula Plan with a US$ 10 Million Check

The emir of Qatar, Hamad Bin Khalifa Al Thani, is going to make a ...

Brazil: Guarani Indians Will Fight for Their Land

Once again, the Guarani Kaiowá who live in the Nhanderu Marangatu indigenous land region ...

A Glimpse of Brazil’s Filmmaker Kogut in Los Angeles

The Beyond Film program at California’s Beyond Baroque Literary Arts Center will  host celebrated ...

Brazilian Investors Keep Stocks Falling by Cashing Profit

Latin American stocks were mixed to lower, with Brazilian shares dipping on continued profit ...

Brazil Remembers Two Martyrs of the Left

On March 31, 1964, a military uprising overthrew the legal government of Brazil and ...

Brazil Reduces Ethanol in Gasoline in Effort to Curb Prices

In Brazil, starting this February 1st, the mandatory percentage of ethanol added to gasoline ...

Brazil Kisses Goodbye to Offshore Deal with Venezuela’s PDVSA

Brazilian state-controlled oil multinational Petrobras has abandoned plans to help develop Venezuela's Mariscal Sucre ...

Advertising1

Advertising in Brazzil Magazine We don’t sell popups, but we have several other formats.  ...

Use of Credit Card in Brazil Grows 20% and Reaches US$ 87.5 Billion

Brazil’s credit card market should have a turnover of US$ 87.5 billion this year, ...

Brazil’s Lula Hints Palestine May Sign Trade Accord with Mercosur

Palestine might sign a trade agreement with the Mercosur. The possibility was mentioned by ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`