Brazilian exports of live cattle down by 73% in the year
Livestock farmers and sports are not having it easy this year in Brazil. Cattle exports fell to 95,700 live head by the end of May, 74% down on the same period last year.
This is Brazil's poorest result in the first five months of the year since 2007. The fall has affected mainly Pará, the leading live cattle exporting state.
Rio Grande do Sul and Minas Gerais states, which are normally exporters, have not shipped any cattle this year.
The main reason for this sharp decline is the slowdown in purchases from Venezuela, the main importer of live cattle from Brazil.
Information provided by Folha de S. Paulo