Exceeding projected expectations based on data accumulated in the first four weeks of the month, fresh chicken meat exports in January 2020 totaled just over 301 thousand tons, increasing more than 15% compared to January 2019.
Naturally, a decline in relation to the previous month was expected. Not only because in December 2019 shipments were surprising and achieved the best result since September 2018, but also because at the beginning of each new year export volumes are invariably incipient. And, effectively, this January's volume was almost 17% lower than that recorded in the previous month, in addition to corresponding to the weakest result in the last four months.
In any case, and although by a minimal margin (around half a percent more than last December), the average price recorded continued to recover. The recorded value – US$1,620.27/t – also meant an increase of almost 3.5% over January 2019.
Given the almost stable price and the significant drop in volume, the rate of reduction in foreign exchange revenue was also high. Compared to December 2019, the little more than US$487 million earned was equivalent to a setback of more than 16%. However, compared to January 2019, volume and price increases led to an increase of almost 20% in foreign exchange revenue.
Source: Notícias Agrícolas
