Printer Friendly

Brazilian Beef Production Predicted to Increase by 4 Per Cent in 2010.

January 25 2010 -- Brazilian beef production is expected to increase by 4 per cent to 8.8 million tonnes as industry confidence improves, an analyst for the Irish Food Board (Bord Bia) has said.

Peter Duggan, of strategic information services, Bord Bia, said: "This year is expected to see some recovery in Brazilian beef production, although much of this is likely to be offset by a sharp fall in Argentina and to a lesser extent Uruguay with the combine production of these major exporters set to be marginally lower at 12.25 million tonnes. In terms of exports from the three countries, a drop of around 3% is anticipated to 2.8 million tonnes, reflecting a sharp fall in Argentinian shipments."

Furthermore, Mr Duggan said export volumes are forecast to increase by around 9% to 2 million tonnes cwe in the coming year. However, he added, this would still leave shipments running a fifth lower than the levels recorded in 2007. Mr Duggan said: "Shipments to the EU are not expected to change as the number of Brazilian farms approved to supply the EU is increasing slowly and currently stands at around 1,800 farms."

He added: "Beef production in Argentina is set to fall by 11% to 2.95 million tonnes cwe, following a year of liquidation in the herd due to a combination of lower confidence amongst producers and drought conditions. Against a backdrop of declining self sufficiency rates in Argentina, it is forecast that exportable supplies in 2010 will be more than 40% lower at 360,000 tonnes cwe."

The analyst went on to say that Uruguayan production is anticipated to fall marginally in 2010 as more emphasis is being placed towards crop production, especially as cow supplies rose by 19% in 2009. He said exports are expected to fall in line with domestic supplies for 2010.

In addition, Mr Duggan said that in 2011 and 2012, prime cattle supplies in both Argentina and Uruguay are expected to fall further, due to significantly lower calf births in 2009.
COPYRIGHT 2010 Global Data Systems
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2010 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Feedinfo News Service
Date:Jan 25, 2010
Words:341
Previous Article:Euroduna Becomes Hamlet Protein's Sole-Representative for the Sales of its Soy Protein Products in Germany.
Next Article:Analysts Spot Export Opportunities For Canadian Pork.
Topics:

Terms of use | Privacy policy | Copyright © 2022 Farlex, Inc. | Feedback | For webmasters |