Brazilian beef exports on the rise

by Editor
Friday, May 25, 2007

The first four months of 2007 was a boom period for Brazilian beef exports, up nearly 44% over the same period in 2006.

According to data presented by Abiec, Brazil's meat exporters' association, volume of the country's beef exports jumped almost 35%, to 888,000 tons. Russia remained the primary destination for Brazil's beef exports. Moscow imported a total of 230,000 tons of Brazilian beef valued at $304 million.

The United States ranked as the largest purchaser of processed Brazilian beef, with imports of 54,000 tons worth $103 million. Meanwhile, Bloomberg reported that Brazil may increase beef exports by as much as 15% this year to meet rising demand from developing countries.

But Brazilian beef may not flood every foreign market. The European Union has threatened to ban all chilled and frozen beef if Brazil doesn't improve its animal-health controls by year's end, according to a bulletin sent by the London-based International Meat Trade Association.