Record beef shipments in January raise livestock prices

The record in shipments of Brazilian beef set in January has raised livestock prices in the domestic market. Last month, the Center for Advanced Studies on Applied Economics (Cepea) of the University of São Paulo index reached an unprecedented average of R$ 338.46 per arroba.

Compared to the previous month, the price of the arroba increased by 5.5%, according to Cepea. The increase compared to January last year was 2.36%.

See below the track record of Brazilian beef exports in the last three years. The data is from the DataLiner:

Brazilian Beef Exports (HS 0202) | Jan to Dec 2019-2021 | WTMT

Source: DataLiner (click here to request a demo)

According to the Foreign Trade Secretariat (Secex), the country shipped more than 140,000 tonnes of beef last month, the highest volume ever recorded in a single January. The volume grew 31% compared to January 2021.

Source: Valor Econômico

To read the full original article, access the link:

https://valor.globo.com/agronegocios/noticia/2022/02/03/recorde-de-embarques-de-carne-em-janeiro-elevou-preco-do-boi.ghtml

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