Beef and pork volumes exported in February hit records for the month

Cepea, March 19 2019 – In February, Brazil exported the largest amount of in natura beef in all times, considering the months of February. According to Secex, 115.45 thousand tons of the product were shipped last month, a record for the period, almost 13% more than the volume exported in Jan/19 and 18% up compared to that in February 2018.

 

Revenue totaled 433.33 million USD, increases of 12.86% and 10.42% compared to January/19 and February/18 (Secex), respectively. In Real, revenue amounted 1.611 billion BRL, moving up 12.25% and 26.7% in relation to Jan/19 and Feb/18.

 

High revenue, in turn, was a consequence of the larger volume exported, given that the average price per ton (3,753.2 USD) remained stable compared to that from Jan/19 (3,748.4 USD per ton) and was lower than that in February/18 (4,000.4 USD/ton).

 

The large beef volume exported last month helped to push up fed cattle quotes in the Brazilian market in the first fortnight of March. Besides the good exports performance, animal supply is low in Brazil. Prices did not rise more because the demand was not too high, since some players from the industry continued refrained, especially for higher values. – demand is usually low early in the year (due to the extra expenses in the period).

 

Between February 28 and March 15, the ESALQ/BM&FBovespa Index for fed cattle increased 1.2%, closing at 152 BRL (39.81 USD) on March 15.

 

HOG – After the steep decrease in the Brazilian exports of pork meat between December and January, shipments increased sharply in February. According to Secex, last month, Brazil exported 53.3 thousand tons of pork, 14% more than in January.

 

The amount of pork sent to the international market in February was a record for the period, considering the entire Secex series, and 27% larger than that exported in Feb/18. According to agents consulted by Cepea, this result was linked to the increase in the demand from Asian countries, due to African Swine Fever (ASF) outbreaks.

 

The ASF outbreaks observed since August last year, mainly in China, lowered the local supply of swine products. Consequently, the imports needs from China and other countries affected have been increasing.

 

BRAZILIAN MARKET – Besides the good exports performance in both February and early March, the lower supply of animals for slaughter helped to push up prices in the domestic market. In the SP-5 region (Bragança Paulista, Campinas, Piracicaba, São Paulo and Sorocaba), live pig prices rose 4.1% between February 28 and March 15, to 4.19 BRL per kilo on March 15.

 

In the pork meat market, the price of the special pork carcass closed at 6.39 BRL per kilo on March 15 (wholesale market of the Greater São Paulo), 3.5% up compared to that on February 28. In the same comparison, the price of the common pork carcass rose 5.4%, to 6.20 BRL per kilo on March 15.

 

POULTRY – The Brazilian exports of broiler meat resumed increasing in February, cheering agents of the sector up. Last month, five regions altogether purchased around 50% of all the broiler shipped from Brazil: China, Saudi Arabia, Japan, the United Arab Emirates and the European Union. Among these, only Saudi Arabia reduced purchases, by 7%, between January and February. China, in turn, increased purchases by 15% in that period.

 

Saudi Arabia had been the number one destination for the Brazilian broiler meat since September/18. In February/19, however, China bought larger amounts, becoming the number one destination for the Brazilian broiler meat.

 

According to data from Secex, the Brazilian exports of chicken products, including in natura, salted and processed broiler meat, totaled 316.9 thousand tons in February, 12.4% up compared to that from January and 1.5% higher than that from the same period last year. As for in natura broiler, the volume shipped last month was 11.1% larger than in January, but a slight 0.4% smaller than in Feb/18, totaling 289.8 thousand tons.

 

BRAZILIAN MARKET – Despite the good exports performance, sales were firm in the Brazilian market in the first fortnight of March. Between February 28 and March 15, frozen chicken quotes rose 4.6% in the wholesale market of the Greater São Paulo, to 4.48 BRL per kilo on March 15. Chilled chicken prices, in turn, increased 3.2%, to 4.48 BRL per kilo on March 15.

 

(Cepea-Brazil)

back

Contact

cepea@usp.br
Preencha o formulário para realizar o download
x
Deseja receber informações do Cepea?

Type this code in the field next to