September 5, 2007

 

Brazil's chicken exports gets dearer while value of pork exports slide

 

 

The value of Brazil's chicken exported per tonne rose 30 percent on-year, reflecting a strong recovery from the bird flu fears last year while pork exports per tonne slid 5.9 percent, possibly due to the effects of disease concerns.  

 

Brazil's chicken exports totaled US$391.7 million in August, up 5.6 percent from US$370 million in July and 20 percent from US$310.5 million in August 2006, according to the Brazilian Development Ministry Foreign Trade Department (Secex).

 

In volume terms, there were 285,800 tonnes shipped, up 10 percent from 258,700 tonnes in July.

 

However, the increase in volume when compared on an on-year basis was insignificant. (285,700 tonnes Aug 2006 compared with with 285,800 tonnes Aug 2007), hinting perhaps that the vaunted chicken exporter has hit a peak in chicken exports. The fact that value rose 20 percent despite stagnant volumes reflected the much higher prices for chicken this year.

 

The average price of chicken exported in August was US$1,420 a tonne, compared to US$1,431 per tonne in July and US$1,087 per tonne in August 2006. This meant a 30 percent rise on-year, further proof of rising chicken prices.

 

Meanwhile, the value of pork export in August was US$15 million below last year's level, a 13 percent drop.  

 

Brazil's pork exports for the month totaled US$115.8 million, up 40 percent from US$83.5 million in July but down 13 percent from US$130 million in August 2006,

 

The 5.7 percent drop in volume was not as steep as the one in value, suggesting that the country's pork exports are getting cheaper. 

 

In volume terms there were 59,700 tonnes shipped, up 44 percent from 41,500 tonnes in July but down 5.7 percent from 62,900 tonnes in August 2006.

 

The average price of pork exported in August was US$1,940 a tonne, compared to US$2,012 a tonne in July and US$2,062 a tonne in August 2006. This meant a drop of 5.9 percent on-year.

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