Uruguay: livestock farmers’ income rises
Farmers producing cattle in Uruguay achieved an increase in revenues in 2021-2022, according to the country’s Agricultural Planning Institute.
The institute has calculated that Uruguay had a 4% increase in the volume of its meat production over that period, delivering the country’s bes result in 20 years.
This allowed livestock farmers to achieve an average income of $129 per hectare. The institute’s general director, Carlos Molina, said cattle producers had achieved this in unfavourable conditions in terms of weather, currency exchange, water shortages, deteriorating pastures in many areas and rising production costs.
This was largely offset by a 24% rise in cattle prices, giving an average of $2.22 per kilo. Farmers’ income grew by well over 50% compared to the previous year.
