January 26, 2012

Chile's beef exports see consistent yearly slump

Chile's beef exports continue to slump by 16% over the years due to a  consistent drop in cattle production, coupled with a lower market demand in Europe on government quotas.

"Meanwhile, Paraguay, Chile's main supplier of beef, closed its export market due to a foot-and-mouth outbreak, causing a beef shortage on Chile's domestic market so most Chilean beef was consumed domestically instead of being exported", said the Chilean National Farmers Society (SNA).

Exports for chicken, turkey and pork were valued at US$650 million ending 2011.