Highest in over two years for the beef average export value

The average export value of Brazilian beef continues to rise. In the week ending May 24, the 50,799 tons exported averaged US$/t 5,327, according to data from the Secretariat of Foreign Trade (Secex). This is the highest average value since November 2022, two and a half years ago.

Although the daily sales pace was about one thousand tons lower than the previous week, it remains high, staying above 10,000 tons per day. According to Agrifatto's projection, May is expected to close with exports totaling around 225,000 tons. As of May 24, 173,804 tons have been exported.