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Beef from Mato Grosso surpasses US$1,500 per ton and gains new momentum in the international market

The average price of beef exported by Mato Grosso in May exceeded, for the first time since October 2022, the mark of US$$ 4,000 per ton. According to the weekly bulletin of the Mato Grosso Institute of Agricultural Economics (Imea), the value reached US$$ 4,067.99 last month, equivalent to R$$ 22,577.34. “This appreciation recognizes the work of the sector in the production of Mato Grosso meat. Our goal is not only to increase exports, but also to ensure that this animal protein gains greater value in the international market”, says the Project Director of the Mato Grosso Meat Institute (Imac), Bruno de Jesus Andrade.

Photo: Disclosure/ABCZ

In May, Mato Grosso exported 65.8 thousand tons in carcass equivalent, the second largest volume recorded in 2024. China remains the main destination for Mato Grosso beef, responsible for 54.8% of exports. The Asian country also paid the highest average price in the period: US$ 4,075.43 per ton. “The outlook is positive. We expect demand to remain strong in the second half of the year, especially with the continued strong performance of China, which should continue to drive prices and export volumes,” says Andrade.

Another factor that should contribute to the growth of exports is the opening of new markets. In May, the Federal Government obtained approval of the health certificate that authorizes the export of Brazilian beef to the Bahamas. “Entering new markets reflects the high level of confidence of international authorities in the Brazilian health system, one of the most rigorous in the world. This strengthens our position as a safe and reliable supplier, not only for the Bahamas, but also for strategic destinations such as China, the United States and the United Arab Emirates,” highlights the director of Imac.

World Meat Congress

To discuss the expansion of markets for animal protein, the World Meat Congress will be held in October in Mato Grosso. This will be the first time that the event takes place in Brazil, and it is one of the largest in the sector.

The congress will bring together producers, industries, government representatives and academics to discuss relevant topics, such as new technologies, sustainability, herd monitoring, animal health and communication strategies with new generations.

International speakers already confirmed include the president of the International Meat Secretariat (IMS), Juan José Grigera Naón; the vice-chancellor of Harper Adams University, Michael Lee; the director of strategy at the Meat Institute, Eric Mittenthal; and the executive director of the National Cattlemen's Beef Association (NCBA), Kent Bacus.

The World Meat Congress will be held in Cuiabá, between October 27th and 30th. Registration is now open and can be done on the website, by clicking here.

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