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    Home > Food News > Food Articles > Brazil's pork exports fell 25% year-on-year in July, China remains the largest buyer

    Brazil's pork exports fell 25% year-on-year in July, China remains the largest buyer

    • Last Update: 2021-08-13
    • Source: Internet
    • Author: User
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    A preliminary survey published by the Brazilian Ministry of Economy on the 2nd showed that the total national pork export volume in July this year was 66,843 tons, a 25% decrease compared with the same period in 2020 (90,246 tons).
    China is still the largest buyer
    .
     
    Brazil’s “canalrural” website reported that Allan Maia, an analyst at Safras & Mercado, an agricultural consultancy, said that despite the decline in exports, it is expected that Brazilian pork exports will continue to maintain a good momentum of development this year
    .
     
    Alan Maier emphasized: "The preliminary survey results are consistent with the data we have been monitoring in recent months, that is, the monthly export volume of pork may exceed 103,000 tons
    .
    It is worth noting the average price per ton of pork.
    The decline
    .
    This trend has emerged after renegotiating with Chinese traders this month
    .
    "
     
    Data show that China is still the main export market for Brazilian pork
    .
    Analysts said that of the over 66,000 tons of pork exported in July, about 50,000 tons were shipped to China
    .

     
    According to Maier, news of the increase in African swine fever cases in China has not affected the international pork market
    .
    The analyst said: “The formation of this market state today may be because the Chinese government has actually controlled the outbreak of African swine fever virus (ASFV)
    .
    According to the local government, the number of pigs has recovered to 2017.
    Level
    .
    "
     
    Maier estimates that the only factor that may slow Brazil's exports is the decline in Chinese pork prices
    .
    He concluded: “Until the end of this year, China’s high demand for pork will continue
    .
    Especially at this time (market demand will not shrink), because there is news that the United States has suspended pork sales to overseas markets to give priority to local supply.

    .
    "

    Brazil investigates pork exports to China
     
    Brazil’s “canalrural” website reported that Allan Maia, an analyst at Safras & Mercado, an agricultural consultancy, said that despite the decline in exports, it is expected that Brazilian pork exports will continue to maintain a good momentum of development this year
    .
     
    Alan Maier emphasized: "The preliminary survey results are consistent with the data we have been monitoring in recent months, that is, the monthly export volume of pork may exceed 103,000 tons
    .
    It is worth noting the average price per ton of pork.
    The decline
    .
    This trend has emerged after renegotiating with Chinese traders this month
    .
    "
     
    Data show that China is still the main export market for Brazilian pork
    .
    Analysts said that of the over 66,000 tons of pork exported in July, about 50,000 tons were shipped to China
    .

     
      According to Maier, news of the increase in African swine fever cases in China has not affected the international pork market
    .
    The analyst said: “The formation of this market state today may be because the Chinese government has actually controlled the outbreak of African swine fever virus (ASFV)
    .
    According to the local government, the number of pigs has recovered to 2017.
    Level
    .
    "
     
      Maier estimates that the only factor that may slow Brazil's exports is the decline in Chinese pork prices
    .
    He concluded: “Until the end of this year, China’s high demand for pork will continue
    .
    Especially at this time (market demand will not shrink), because there is news that the United States has suspended pork sales to overseas markets to give priority to local supply.

    .
    "
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