Argentina among top world exporters of chicken meat

Post available in: English

Argentina among top world exporters of chicken meat

Argentina is currently ranked among the world’s top six exporters of chicken meat (breast and legs) while in beef has dropped to position nine, according to the latest data from the US Department of Agriculture, USDA.

Chicken meat exports expected to reach 200.000 tons in 2011 Chicken meat exports expected to reach 200.000 tons in 2011

This is partly attributed to the fact that in four years the Argentine rodeo dropped dramatically by 20%, while broiler production with abundant grains ballooned.

In effect according to USDA Argentina is forecasted to export 260.000 tons of beef in 2011, its lowest volume since the foot and mouth disease crisis of 2001. For 2012 the volume could climb to 300.000 tons.

This means Argentina has fallen to ninth place as beef exporter and representing only 3% of global trade in this commodity. Australia leads the list of exporters followed by Brazil, India, US, New Zealand, European Union, Canada and Uruguay.

However regarding chicken meat, Argentina is expected to export 200.000 tons in 2011 and 225.000 tons in 2012. World participation in exports is minimal, 2.2%, but anyhow ranks in position six behind Brazil, US, EU, Thailand and China.

But if total beef production is taken into account, 2.5 million tons in 2011, and 2.6 million tons forecasted for 2012 Argentina ranks sixth, behind US, Brazil, EU, China and India. This represents 4.5% of world production but high domestic consumption, 2.3 million tons, limits exports.

Likewise with chicken meat production: Argentina ranks eight behind US, China, Brazil, EU, Mexico, India and Russia with a miniscule contribution to the global production of 83 million tons: a mere 1.7 million tons equivalent to 0.2%.

Experts at Rabobank have predicted a boost in the Argentine poultry meat exports driven by access to low-cost feed and high-quality production facilities. The country is a “natural candidate” for poultry production because it was a large producer of grains and protein crops such as corn and soybeans, giving poultry producers access to competitively priced feed, the agricultural lender said in a new report.

“Consumption of poultry meat will grow faster than that of other meats in the next decade,” it said. “As one of the lowest-cost producers in the world, with a favourable sanitary status and the capacity to expand production, Argentina is one of the key players that can step up t the challenge of meeting some of the growth in demand.

Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Uruguay and Chile, providing expert advice on property acquisition and investment tours.

The Gateway Team – When You are Serious About Property

www.gatewaytosouthamerica.com

Post available in: English