{"id":363918,"date":"2024-04-15T15:56:41","date_gmt":"2024-04-15T18:56:41","guid":{"rendered":"https:\/\/anba.com.br\/?p=363918"},"modified":"2024-04-15T15:56:43","modified_gmt":"2024-04-15T18:56:43","slug":"brazil-exporting-beef-for-lower-prices","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazil-exporting-beef-for-lower-prices\/","title":{"rendered":"Brazil exporting beef for lower prices"},"content":{"rendered":"\n<p>S\u00e3o Paulo \u2013 Global <strong>beef prices<\/strong> are <strong>falling<\/strong>, harming the industry. In March, Brazil, the world\u2019s leading exporter of the product, shipped the tonne for <strong>USD 4,158<\/strong>, down 4.5% from USD 4,356 a year earlier, beef industry group <a href=\"https:\/\/www.abrafrigo.com.br\/\" target=\"_blank\" rel=\"noopener\">Abrafrigo<\/a> reported on Monday (15). The average price encompasses both processed and raw beef.<\/p>\n\n\n\n<p>According to Abrafrigo, the first quarter saw average prices reach USD 4,033, down 10.7% from USD 4,520 a year ago. Whole-year prices of beef exported from Brazil had already fall by 23% in 2023 compared to 2022, from USD 5,582 to USD 4,276.<\/p>\n\n\n\n<p>Nevertheless, Brazil has hit record highs in the volume of beef exports. In March the country sold 206,000 tonnes, up 27% year on year, grossing USD 856,9 million, up 21%. In Q1, 672,300 tonnes were exported, up 35%, grossing USD 2.7 billion, 20% more compared to the Q1 2023.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Beef exports to China, US, and UAE<\/h2>\n\n\n\n<p>According to Abrafrigo, China was the top buyer of Brazilian beef in Q1, at 41.1%, followed by the United States and the <strong>United Arab Emirates<\/strong>. The Arab country imported 41,100 tonnes, up 275.4% in volume, grossing a revenue of USD 188.5 million for Brazil, up 270.1%.<\/p>\n\n\n\n<p><em>Read more:<br><\/em><a href=\"https:\/\/anba.com.br\/en\/brazilian-beef-export-prices-fall\/\">Brazilian beef export prices fall<\/a><br><a href=\"https:\/\/anba.com.br\/en\/egypt-doubles-beef-imports-from-brazil\/\">Egypt doubles beef imports from Brazil<\/a><\/p>\n\n\n\n<p><strong>Translated by<\/strong><strong> Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-357165\">\u00a9Imaginechina\/Shen Jinkang\/AFP<\/div>","protected":false},"excerpt":{"rendered":"<p>Average price of the tonne of beef shipped from Brazil in March was 4.5% lower than a year ago. Beef industry group Abrafrigo reported that the United Arab Emirates was the third leading destination of the product.<\/p>\n","protected":false},"author":2316,"featured_media":357165,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[102],"tags":[1869,48749,2656,9561,48750,1870],"class_list":{"0":"post-363918","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-agribusiness","8":"tag-beef","9":"tag-beef-china","10":"tag-beef-exports","11":"tag-exports-en","12":"tag-imports-uae","13":"tag-meat"},"wps_subtitle":"Average price of the tonne of beef shipped from Brazil in March was 4.5% lower than a year ago. Beef industry group Abrafrigo reported that the United Arab Emirates was the third leading destination of the product.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/363918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=363918"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/363918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/357165"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=363918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=363918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=363918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}