Meat exports close gap on soya

14/08/2007


For the first seven months of the year, Brazil’s meat exports are expected to have reached $6.1 billion. This represents a bigger share of the overall export market, which is still dominated, as it has been since 1989, by soya (beans, oil and grains).

The total export value of soya for the same seventh-month period is expected to be $6.7 billion. But observers say meat has been catching up for the last six years and may soon become Brazil’s biggest export category once again.

By way of comparison, meat exports in the month of July alone this year reached $925 million, a much higher figure than the one for July 2006, $683 million.