Argentine's beef export price fell 25 percent in October compared to 2022
The Argentine Meat Exporters Consortium (ABC) reported that beef exports showed a "significant drop" in October, both in volumes and in dollars entered, compared to September and in interannual terms.
The average value for October is more than US$ 2,500 per ton below the maximums recorded in April 2022.
According to data published by INDEC, beef exports - measured in carcass equivalent - amounted to 67,645 tons in October, the lowest volume so far this year and 11% lower than what was exported in October 2022.
In the accumulated year, exports total 820 thousand tons and revenues of US$ 2,460 million, 9% more in volume but 19% less in value than last year.
China represented 81% of the volumes exported in October 2020 and 78% of the accumulated volumes of the first 10 months.
"The average price of boneless meat sales to China was around US$3,400 per ton, remaining significantly below the maximum of US$5,900 obtained in May 2022", said Mario Ravettino, president of the ABC Consortium.
JBS is the Brazilian company with shares traded on stock exchanges that distributes the most weal...
A Cargill spokesperson stated, “We are confident that we have the right presence to support...
In Spain, the number of possible cases of African swine fever (ASF) among wild boars is steadily ...
