ARGENTINA - Argentinean beef exports in 2014 increased by nine per cent on the previous year, to 138,350 tonnes according to GTA/INDEC and registered the highest yearly volume shipped since 2010
Meat and Livestock Australia said that this volume was still below exports level in the 2004-07 period, when annual exports averaged 344,529 tonnes.
The rise was mainly driven by strong demand from Russia and China.
Beef exports to Chile (a major destination for Argentinean beef) remained steady, at 30,566 tonnes, while shipments to Russia increased 65 per cent on the previous year, to 23,061 tonnes, and China up 87 per cent, to 21,176 tonnes.
Exports to the European Union declined 6 per cent, to 32,310 tonnes.
As a result of the overall higher shipments, the total value of beef exports increased 5.5 per cent, to $1.03 billion.
In contrast, Argentinean cattle slaughter dropped throughout 2014, down 3.7 per cent year-on-year, to 12.2 million head (CICCRA).
The lower slaughter, combined with lighter average carcase weights (down one per cent, at 221 kg/head), resulted in a 4.6 per cent decline in beef production, at 2.7 million tonnes cwt.
Domestic consumption accounted for 97 per cent of total production, however the average consumption per person declined 5.7 per cent year-on-year, to 59.4 kg/year.
TheMeatSite News Desk