Total revenue from beef exports amounted to US$779.6 million in January and February 2022, which compared to the same period in 2021 registered a growth in sales of US$160.8 million.
The second market in volume during the mentioned period was Israel, with 9,981 tons and a turnover of US$71.3 million. In a recent tour of that country, the Minister of Agriculture, Julián Domínguez, announced the opening of a quota of 30,000 tons per year. At current prices, it will represent a $220 million business. Chile remained the third destination in importance, with exports of 6,218 tons and a turnover of US$73.9 million.
The impact of the war in the Black Sea area also reached the meatpacking industry. According to CICCRA, almost no exports of beef to Russia were recorded in March. Barely 127 tons reached that destination, for US$696,000.
In April 2022, the average price of the standing farm marketed in the The Liniers market rose 1.9% compared to March and stood at $239.88 per live kilo.
“In the framework of a galloping inflation process, the price increase reached all categories, with the exception of bulls, which maintained their value per live kilo,” they allege from CICCRA.
When disaggregating by categories, it appears that between March and April prices registered increases well above the general average. In the cases of heifers and steers, the increases were 8.1% and 7.9%, respectively, while the values of steers and cows increased 4.7% and 3.0% monthly average.
Between April 2021 and April of the current year, the average price of the standing farm sold in Liniers rose 63.3% and the increases were generalized at the category level. The measurement of the price of the farm in official dollars showed a monthly fall of 1.6% in April, standing at 2,117 dollars per live kilo.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
