Vaivém: Brazil holds 16% of US beef purchases

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The acceleration of beef exports involves expanding Brazil’s presence in major world markets.

The most recent data from USDA (United States Department of Agriculture) indicate a great evolution of Brazil in the North American market.

From January to August this year, Brazil was responsible for 16% of all beef that the United States imported. This percentage is well above the 6% in the same period last year.

In the evaluation of Usda, Brazilian beef had an increase of 91% in volume in the first eight months in the US market. Brazil took over from Australia and New Zealand and was the main country outside North America as a supplier to the United States. Canada and Mexico lead sales.

According to data from Abrafrigo (Brazilian Association of Refrigerators), which brings the numbers up to September, Brazilian beef exports to the United States increased to 129,000 tonnes in the period, 57% more than last year.

The United States bought 7.4% of the beef exported by Brazil this year, against 5.5% in the same period last year.

The European Union, as stated by representatives of the bloc, has also become more dependent on beef from Brazil and the United Kingdom.

Until September, Western Europe imported 89 thousand tons of this protein from the country, 10% more than in 2021. In the same period, Eastern Europe bought 39 thousand tons, 2% more.

The major market for Brazil was China, which bought 924,000 tonnes up to September, 30% more than in the same period in 2021. As a result, the Chinese share was 53% in the volume exported by Brazilians.

China sent to Brazil US$ 6.2 billion with the purchase of beef this year. According to data from Abrafrigo, total exports of this protein totaled 1.75 million tons in the first nine months, an increase of 17%. Revenues rose 36% to $10.1 billion.

The month of October also continues with exports at a strong pace, compared to 2021. Secex data for the first 14 working days point to foreign sales of 143,000 tonnes of fresh, chilled or frozen meat.

This volume exceeds by 148% that of the same month of 2021, a period in which China had suspended Brazilian imports.

The meat being exported has an average value of US$ 5,900 per ton, 14% more than in October last year.

In the countryside, the arroba of fattened cattle is at R$ 293, according to Cepea (Center for Advanced Studies in Applied Economics), a value that exceeds by 11% that of a year ago.

In retail, beef has a stable price. In the year, according to Fipe (Fundação Instituto de Pesquisas Econômicas), the increase is only 1%.

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