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Brazilian exports for 3 main meat sectors take major fall in June
Story Date: 7/9/2012
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Source: Bob Moser, MEATINGPLACE, 7/6/12
Brazilian exports of beef, pork and poultry fell significantly in June in both volume and revenue, hit by declining prices throughout the global market, according to figures released Monday by Brazil's Ministry of Development, Industry and Commerce, or MDIC.
Altogether, exports of beef, pork and poultry generated close to US$951.2 million in June, down 18.4 percent from the US$1.169 billion in collective export revenue from the same month in 2011. By volume, the three meat sectors shipped a total of 397,600 metric tons last month, down 8.6 percent from the same month a year ago.
Poultry exports totaled US$505 million, down 20.6 percent from June of last year, with export volume topping 287,900 tons, down 7.4 percent from the same month the year prior.
Pork exports fell 28.8 percent by revenue in June, to US$99.1 million. Pork exports by volume totaled 38,500 tons, down 16.4 percent from the 46,000 tons exported in June 2011.
Beef exports totaled US$346.6 million last month, down 9.8 percent from the US$383.9 million in revenue from June of last year. Beef exports by volume totaled 74,200 tons, a decrease of 4.6 percent from the same month the year prior.
The daily average export price for beef in June fell 5.4 percent compared to June of last year, to US$4,673 per ton. Pork's average export price fell 15 percent to US$2,573 per ton, and poultry's price fell 14.2 percent, to US$1,755.
Leaders from all three meat sectors have blamed drastically reduced demand this year from Argentina, Russia and to a lesser extend Europe for lower sales figures so far in 2012. Industry associations have been petitioning the Brazilian government for aid packages that would include tax cuts, and access to low-interest financing options.
Swine producers on June 15 asked for emergency aid from the government, including extending the maturities of debt and investment, increased credit limits for animal retention, and the inclusion of pork in the public Warranty Policy for Minimum Prices (PGPM).
Brazilian pork exports grew 19 percent by volume in May compared to the same month a year ago, but weak sales to Russia and Argentina because of trade restrictions continue to hurt the industry.
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