Brazilian beef exports and turnover fell by 8 and 22 percent, respectively, in the first quarter compared to the first three months of last year, the Brazilian Association of Slaughterhouses (Abrafrigo) reported yesterday.
According to the entity, Brazil, the world's second-largest beef producer and largest global exporter, shipped 498,888 tons of beef between January and March, compared to 542,410 tons in the same period in 2022, while turnover this year through March was $2.255 billion, down from $2.895 billion a year earlier.
China was the main destination for Brazilian beef in the first quarter . . .
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