Brazilian beef exports fall slightly in April

During April, Brazilian beef exports fell 2% to 78,427 tonnes swt when compared with March and was 8% below April 2009, mainly the result of tight cattle supplies, dearer prices, and competition from the domestic market.

Exports to Russia recovered 20% month-on-month to 25,843 tonnes swt as a result of higher quotes in that market after the distribution of the remaining 75% of the import quota among local traders, improved economic stability and low stocks.

Exports to Iran, Brazil's second largest market decreased 14% in March to 15,093 tonnes swt, but remained 303% higher year-on-year, as high demand in this market is expected to remain throughout 2010.

Meanwhile, the Brazilian industry remains focused in opening new markets this year, with Turkey recently announcing the commencing of beef imports from Brazil. The Turkish government is yet to specify their import conditions, probably with import licences or quotas.

Earlier in March, Brazilian beef export volumes are forecast to increase 10% in 2010 to around one million tonnes swt, with a 15% lift in revenue, according to the Brazilian Beef Exporters Association (ABIEC).