Brazil's Pork Exports Show Upward Trend
BRAZIL - The volume and value of pork exported in July and August were higher than in the same months of last year.According to the latest figures from ABIPECS, Brazil exported 44,243 tons of pork in July, 22.5 per cent more than in same month the previous year. For August, the volume was up by 19.2 per cent to 54,717 tons. The total amount of pork exported for the first eight months of 2012 is 367,743 tons, compared to 348,843 tons in 2011, representing an increase of 5.4 per cent.
The value of export sales in July was almost US$108.3 million, up 15.4 per cent from the same month last year. For August, the value of exports was 10.1 per cent higher than 12 months previously at a little over US$134.4 million. The total value of exports in 2012 up to the end of August was a little over US$930 million, compared to US$951.2 million at the same point in 2011.
Average values of pork exports in July and August were $2,447 and $2,457, respectively, per ton or 5.9 and 7.7 per cent below the figures for the same months in 2011. The average price for pork exports for the year to date is $2,529 per ton, down from $2,727 last year.