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Faxcarne | The position of Chinese importers did not change substantially during the last week and the pressure to continue lowering purchase prices was sustained, at a time when the number of operations is usually reduced. “Importers are playing a tug-of-war with Brazil, with the weakness of the real, and with cattle at US$ 3.40,” said an intermediary. The business references for this week place a front 8 cuts on a US$ per ton axis of 4,700-4,800 and the wheel between US$ per ton between 5,400-5,500. “It is very difficult to validate these values. In our case, we are already sold at prices much higher than the end of January. We will wait a few more weeks before taking a position,” said a Brazilian exporter. The Brazilian currency seems unable to find its floor; this Tuesday the dollar reached 6.16 reals (+1.2%), a historical nominal maximum. In the year, the dollar rises almost 30% versus the real. A Uruguayan exporter said there is “very little interest”

2024 is closing as a year with positive numbers for our country's meat exports, with a final projection of 345,000 tons shipped by the end of December and more than USD 1.7 billion generated in foreign currency, according to the analysis prepared by Productiva based on Senacsa data. Although some markets imported less, such as Chile and Taiwan, the main destinations, the emergence of new buyers, such as the United States and Canada, gave dynamism to the Paraguayan beef business.

Opportunities and challenges for Argentine meat exports in 2025 The improvement in sales prices to China, the jump in shipments to the United States and opportunities in Israel, Chile and Mexico, generate good expectations for 2025. The exchange rate and export duties, in addition to Donald Trump's protectionist policy, are clouds on the horizon. Miguel Gorelik Argentine meat exports will end the year very close to the historical record of a hundred years ago (985 thousand tec in 1924). Beyond this comparison, which for various reasons may not be so valid, it is the highest level in many decades. They could reach 930-940 thousand tec and come from a last quarter (August-October) that averages the equivalent of just over a million tons per year. However, the export sector has been working under conditions of great stress, with very unsatisfactory margins. The combination of the price of the farm, exchange rate, and export duties