Brazil: Beef sales hit six year high

1 September 2013

Brazilian beef exports during July totalled 105,100 tonnes swt, up 20% on the previous month and the highest volume since July 2007(MDIC).

Assisting the considerable growth has been the steady depreciation of the Brazilian currency (real), which averaged 48US¢ for the first seven months of 2013, down 9.4% year-on-year (Central Bank).

The uncertain Brazilian economic scenario and the US economic recovery has contributed to a further recent fall with the real, which was quoted at 43US¢ in recent days - the lowest quote in almost four years.

Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.