Brazilian truck strike hits meat trade

By Georgi Gyton contact

- Last updated on GMT

The number of roadblocks in place reached as high as 100 at the height of the dispute
The number of roadblocks in place reached as high as 100 at the height of the dispute

Related tags: International trade, Trade, Meat

Brazilian pork exports were down last month after supplies were unable to get to the ports due to a truck strike.

According to market analysis by the Center for Advanced Studies on Applied Economics (CEPEA), only 22,000 tonnes of pork were exported in February – the lowest volumes since 2001 and a decrease of 7.6% on January’s figure.

During the month the value of live pork exports fell 3.9% in São Paulo State, the market with the largest domestic demand in Brazil, to R$3.47 per kilo, while in one of the country’s most important export states, Santa Catarina, the price fell 9.5% to R$3.26/kg. Wholesale carcase prices for hogs also dropped.

The poultry and beef industry have also been effected by the strike action. Broiler prices saw a drop in January, which priced it more competitively than other proteins, pushing up demand the following month. However, towards the end of the month, the industry suffered "strong losses"​ due to the strike, which began in mid-February.

According to CEPEA, the strike impacted the trade of animals and meat in the south and central-western regions, but in the main cattle producing regions no significant damage was seen.

The number of roadblocks in place reached as high as 100 at the height of the strike, reported Reuters, however the strike is now over.

Related topics: Brazil, Poultry, Industry & Markets, Pork, Beef

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