Over half the cattle slaughter in Paraguay is in Bra - leatherbiz: Lea Leatherbiz

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Over half the cattle slaughter in Paraguay is in Brazilian hands

14/09/2012
The recent acquisition of Paraguayan packer firm Frigomerc by Minerva means that Brazilian companies, notably JBS, Torlim and now Minerva, have control of around 60% of cattle slaughter and beef exports in the neighbouring country.

For the full year in 2011, these three Brazilian companies had a 49% share of beef exports from Paraguay, 72,000 out of 142,000 tonnes. In terms of value, they had a $377 million share of total export earnings of $755.7 million. This is without the figures for Frigomerc.

Recently acquired Frigomerc is believed to have been the second-biggest packer firm in Paraguay with almost 20,000 tonnes in exports in 2011 and a daily slaughter capacity of between 1,500 and 2,000 head.


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