Due to the stocks imposed by the Government, meat exports in June fell by 45% while in Uruguay they rose by 21%.
According to data from Indec, which Rosgan analyzed in a report, meat shipments in June totaled 34,775 tons, about 25,000 tons less than what the country had exported in the same month of 2020 when they had reached 60,000 tons, 41% less .
But comparing with May, June foreign sales fell 45%, almost 40,000 tons less.
Despite the restrictions, China continued to account for 78% of shipments for the month, with a volume that was 47% lower than that registered in May (34,000l tons). However, the biggest drops were registered by countries in the region such as Chile, with 49% and Brazil, 54%, while, tempered by the qualification of quotas, the European Union fell by 44% and the United States by 10% monthly. Meanwhile, Israel was the only destination to register increases (44%), although with an additional contribution of just 500 tons per month.
In any case, taking the official data for the first semester, total exports amounted to 419 tons, 3% more than the 405 thousand exported in the first semester of 2020. This is explained because when the stocks were applied, the exporters (May 20) , the companies already had a fixed contract.
If the natural trend that had been marking the market had not been interrupted, which, until April, without any type of intervention, accumulated a growth of 14% year-on-year, during this first half of the year, Argentina could have set a new record in export volume exceeding 460 thousand tons and projecting an annual potential close to one million “, he reflected.
As for the values, June marks a recovery of 8% compared to June 2020 (USD 4,221), when world demand was still very weakened by the restrictions imposed by the pandemic.
“Since the last two months, international prices have begun to show signs of strengthening, reaching a weighted average of USD 4,582 per ton in June, about USD 500 more in relation to the floor of USD 4,000 per exported ton registered in April,” the report said. .
On the other hand, according to data from the National Meat Institute (INAC) of Uruguay, shipments of meat from that country in June exceeded 185 million dollars while in June 2020 they had barely exceeded 135 million. They were 44,437 tons against 36,694 in June 2020, 21% more.
So far this year, sales amount to 996 million dollars, 27.5 percent more than in the same period of 2020, and half of the value comes from shipments to China.