Uruguay - Beef exports up in March
19 Apr 2010
Uruguayan beef exports during the fiscal year to March were up 27% to 203,465 tonnes swt year-on-year, as trade recovers after 2008s financial crisis.
The major increases were recorded to Russia (up 90% to 61,744 tonnes swt) and Asia (up 122% to 22,773 tonnes swt). Meanwhile, exports to the US continued to fall (28% year-on-year to 15,184 tonnes) as Uruguay takes advantage of higher prices in other destinations and negotiates E.coli recall procedures.
Exports to the EU (mainly Germany and Spain) surged 34% to 5,549 tonnes swt in March, taking advantage of the scarce Argentinean supplies in this market.
Source: newsroom - meattradenewsdaily.co.uk
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