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China Drive Argentine Beef Export Rise

30 April 2015
Meat & Livestock Australia

ARGENTINA - Argentinean fresh beef exports during the first quarter of 2015 increased 54 per cent year-on-year, to 28,834 tonne, according to SENASA, the National Animal Health and Agri-food Quality Service.

Analysts at Meat and Livestock Australia said that the substantial rise was mainly driven by the strong demand from China and Israel.

Furthermore, cattle slaughter rose 1.5 per cent, to 3.1 million head for the same period and, consequently, higher beef production was registered, totalling 680,000 tonnes cwt, according to CICCRA.

Beef shipments to China accounted for 31 per cent of total exports and became the main market for Argentinean beef so far this year, with volumes up three-fold on the previous year, to 8,807 tonnes.

Exports to Chile also rose 6 per cent, to 6,544 tonnes, while shipments to Israel increased 34.5 per cent year-on-year, to 5,143 tonnes.

Beef exports to the EU under the “Hilton Quota” totalled 15,900 tonnes at the end of March, or 53 per cent usage of the total allocated quota for the financial year, and although Argentina has the largest quota allocation at 30,000 tonnes, it has consistently fallen short in the past years.

Argentina has sent its first beef shipment of 110 tonnes under the Grain-fed quota early this week, as part of an agreement with the EU confirmed last September.

TheMeatSite News Desk

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