Shipments to China dropped 7.4%
After two consecutive months of decreases, the quantity of Brazilian hen meat offered to the worldwide markets and the revenue obtained with shipments moved up once more in March, in keeping with a latest market report from Cepea.
In keeping with information from Secex, 418.1 thousand tons of hen meat have been exported in March, up 5.2% in comparison with that in February/24, however nonetheless 18.7% lower than in March 2023. Within the first quarter of this 12 months, Brazil shipped 1.2 million tons, downing 7.2% towards the identical interval of 2023.
The revenue obtained with worldwide trades was BRL 3.7 billion in March, for a rise of 6.7% in comparison with February/24, however 26.6% lower than in March/23. Within the first quarter this 12 months, exporters obtained BRL 10.6 billion, transferring down 20.6% in relation to the identical interval of 2023 – information from Secex.
Shipments to China dropped 7.4% from February to March; nonetheless, the nationwide sector continues optimistic, since new meatpackers are actually allowed to export the product to China.