Brazil Oct Beef Exports Up 56% To 164,329 Tons
SAO PAULO (Dow Jones)--Brazil's October fresh beef exports rose 56% to 164,329 metric tons in carcass equivalent weight, the Brazilian Beef Exporters Association, or Abiec, said Thursday.
Between January and October, Brazil shipped 1,467,931 tons of fresh beef to world markets, up 5% from the same period last year.
Hong Kong became the No. 1 export destination for Brazilian fresh beef in October, rising 39% to 3,298 tons, carcass equivalent. Russia was No. 2 at 1,669 tons.
Between January and October, Russia was the No. 1 importer of Brazilian beef. Brazil sold 324,206 tons to Russia over the period, down 13% from the same period last year due to a beef embargo because of foot-and-mouth disease in the Mato Grosso do Sul and Parana states.
Egypt is Brazil's No. 2 beef market on the year, importing 258,500 tons of fresh beef over the January through October period, up 41.8% from the same period last year.
Income from October fresh beef exports more than doubled to $320 million.
Abiec's president, Marcus Pratini de Moraes, said European beef importers were placing advance orders on Brazil beef out of fear that rancher lobbies from Ireland and the U.K. would manage to convince the European Commission to outright ban Brazilian beef on animal health concerns. The E.U. does have a ban on the Mato Grosso do Sul, Parana and Sao Paulo states. Four E.U. food safety missions toured Brazil this year. E.U. countries have been reducing imports of Brazilian beef since January, however, and October was no exception. The only E.U. country to increase imports this year was The Netherlands, up 2% to 55,203 tons. All other E.U. markets have been importing less Brazilian beef.
Brazil's beef industry has been targeting emerging market nations for growth. Of the 15 top export markets for Brazil's beef in October, 10 of those were developing countries such as Kazakhistan and Angola.
Brazil is the world's leading beef exporter.
SAO PAULO (Dow Jones)--Brazil's October fresh beef exports rose 56% to 164,329 metric tons in carcass equivalent weight, the Brazilian Beef Exporters Association, or Abiec, said Thursday.
Between January and October, Brazil shipped 1,467,931 tons of fresh beef to world markets, up 5% from the same period last year.
Hong Kong became the No. 1 export destination for Brazilian fresh beef in October, rising 39% to 3,298 tons, carcass equivalent. Russia was No. 2 at 1,669 tons.
Between January and October, Russia was the No. 1 importer of Brazilian beef. Brazil sold 324,206 tons to Russia over the period, down 13% from the same period last year due to a beef embargo because of foot-and-mouth disease in the Mato Grosso do Sul and Parana states.
Egypt is Brazil's No. 2 beef market on the year, importing 258,500 tons of fresh beef over the January through October period, up 41.8% from the same period last year.
Income from October fresh beef exports more than doubled to $320 million.
Abiec's president, Marcus Pratini de Moraes, said European beef importers were placing advance orders on Brazil beef out of fear that rancher lobbies from Ireland and the U.K. would manage to convince the European Commission to outright ban Brazilian beef on animal health concerns. The E.U. does have a ban on the Mato Grosso do Sul, Parana and Sao Paulo states. Four E.U. food safety missions toured Brazil this year. E.U. countries have been reducing imports of Brazilian beef since January, however, and October was no exception. The only E.U. country to increase imports this year was The Netherlands, up 2% to 55,203 tons. All other E.U. markets have been importing less Brazilian beef.
Brazil's beef industry has been targeting emerging market nations for growth. Of the 15 top export markets for Brazil's beef in October, 10 of those were developing countries such as Kazakhistan and Angola.
Brazil is the world's leading beef exporter.