Sharp Drop in Brazilian Pork Exports
BRAZIL - Pork export volumes in both September and October are down sharply compared to the same period last year.According to ABIPECS, Brazil exported 51,012 tons of pork in September, which is 14.5 per cent less than the same month last year. The average price per ton in US dollars – $2,425 – was 24 per cent higher than the same month last year. The value of September's sales was US$123.7 million or 6.0 per cent more than the same month last year.
The figures for October exports show an even greater drop in volume (-21.1 per cent compared to the same month in 2009) at 49,713 tonnes. Despite the average price in US dollars being almost 21 per cent higher than a year before at $2,504, the value of the month's exports was 4.6 per cent lower than October 2009 at just under $124.5 million.
Compared to the January to October period of 2009, pork exports for the year so far are down 9.8 per cent in volume to 461,882 tons, while the value of those sales is up 11.3 per cent at US$1.333 billion. That makes the average selling price 23.3 per cent higher at $2,454 per ton.