USDA FAS report in March 2016 notes: Chile’s beef imports come mainly from Mercosur countries (Argentina, Brazil, Paraguay and Uruguay). In CY2015 beef exports prices from Mercosur countries were 8% lower than 2014, Paraguay had the lowest price from these countries and the highest reduction in price (11%). This price reduction has to do mainly with lower prices paid by Russia (major beef destination from Mercosur), Chile and Brazil. Paraguay was the main supplier of beef, but had an outbreak of “food and mouth disease” on “2011” which lowered its participation on Chilean Market; Paraguay has been recovering since then and has regained its position as the main beef supplier for Chile. Brazilian beef exports to Chile have been favored by a high depreciation of their currency (Reais). In January 2016, Chilean total imports of beef were 11.5% higher over January 2015, which breakdowns to 32.2 % increase from Paraguay, 4.7% increase from Brazil and a 5.1% increase from Argentina (based on ODEPA 2016 statistics). Chile data indicates Jan-June 2016 value of fresh chilled boneless beef imports were valued at $346 million, slightly above the previous year.
Australia ships a small quantity of beef and beef offals to Chile
USDA FAS reports Paraguayan beef exports in 2016 are forecast 435,000 tons carcass weight equivalent (cwe). This record is expected as a result of increased beef output and a steady foreign demand. Paraguay continues to expand cattle grain feeding taking advantage of low feed costs and high cattle prices in dollar terms. Domestic consumption in 2016 is projected at 187,000 tons cwe, marginally higher than the past few years. Paraguayans are increasingly demanding higher quality beef cuts. The EU resumed imports in May 2015. The World Beef Report recently reported Paraguay steer prices lower than the Mercosur average and shown at US$2.76 kg carcase weight.
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