Brazil’s beef consumption drops to lowest level in 25 years as prices skyrocket

While the population lost income, the prices of beef cuts skyrocketed, in the wake of record high prices for fat cattle, limiting domestic consumption, while China imports more meat from Brazil than ever before

RIO DE JANEIRO, BRAZIL - In the first four months of the year, per capita beef consumption dropped by over 4% compared to 2020, according to CONAB estimates.

The Covid-19 pandemic brought changes to the tables of Brazilians, who cut beef consumption to its lowest level in 25 years, according to government data, which estimates domestic availability of the product by subtracting exported volume from national production.

While the population lost income, the prices of beef cuts skyrocketed, in the wake of record high prices for fat cattle, limiting domestic consumption, while China imports more meat from Brazil than ever . . .

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