Thursday, May 12, 2011

Brazil pig meat exports fall

Brazil's pig meat exports for the first four months of 2011 fell 4.3% by volume, but sales were 7.16% higher by value. Between January and April, the country exported a little over 169,000 tons with a value of US$456.49 million.
During April, exports were 0.6% lower compared with April 2010, totaling just under 60,000 tons with a value of US$145.41 million, an increase of 9.99%. “The numbers for April are no surprise," said Pedro de Camargo Neto, executive president of the Brazilian Pork Industry and Exporter Association. "Volumes continue to be relatively stable when compared to last year. Fortunately, unit prices have continued to rise, compensating for exchange rate difficulties. Brazil is losing, however, the opportunity to grow sales.”

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