Brazil meat exports increase in volume but prices fall

The Brazilian Association of meat processors referred to falling prices in their June 2, release.

Brazil association release

Meat exports in natura (uncooked fresh, frozen meats) advanced in volume and revenues in May this year compared to the same period last year. Ministry of Industry data, (MDIC), released on Wednesday, June 1, reveal that despite these increases, the average price of all proteins had decline year on year, due to the fall in international prices . Compared to April, chicken meat is a negative exception, with a reduction in both volume and in revenues. One reason for this fall is the return of the product produced in the United States to global markets after the end of the bird flu outbreak in the country last year. Exports of beef in natura totaled 101,000 tonnes, 19.1% higher than recorded in May 2015 (84 800 t) and 16.6% higher than the 86,600 tons sold in April. Revenues from sales amounted to $ 398.2 million last month, an amount 14.1% higher than the US $ 349 million in May last year and exceeded by 17.32% to US $ 339.