Algeria’s ports are full of beef

Algerian ports are “clogged” with Brazilian beef, a Brazilian trader reported, leaving current business with that market at a standstill. Algeria had paid high prices earlier this year, around US$/t 5,900–6,000 for chilled 90 VL, significantly higher than Chinese prices at that time. As a result, Brazil shipped large volumes to the MENA country.

In January and February, Brazil exported nearly 8,000 tons of chilled beef per month to Algeria, helped by the country’s extension of shelf life from 90 to 120 days. However, the port backlog is now jeopardizing timely market entry.