Brazil’s beef exports up 35 pct in May year-on-year

 

Brazil-Arab News Agency

10 June, 2019

 

Sao Paulo – Beef exports from Brazil were up 35% in May and 18% year-to-date through May, the Brazilian Meat Packers Association (Abrafrigo) reported this Monday (10) quoting federal government data. Egypt was the second leading destination year-to-date.

 

Processed/fresh beef export results were the strongest to date this year last May at 150,200 tons shipped, from 111,500 tons in May 2018. Revenues climbed 24% to USD 573.7 million from USD 462.9 million in May 2018.

 

Year-to-date through May, 694,300 tons of beef got shipped from Brazil, up from 590,000 tons a year ago. Revenue was up 8% from USD 2.39 billion in 2018 to USD 2.59 billion.

 

China was the leading buyer of beef from Brazil...

 

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