Uruguay opens a new market for sheep exports

Uruguay is on the verge of opening a new export market to Algeria, with anticipation to export up to one million sheep, as authorized by the Ministry of Livestock, Agriculture, and Fisheries (MGAP). This development is particularly significant amidst the crisis in meatpacking plants. Sheep exports, which experienced an 11.6% increase in the first two months of the year, bringing in $41.6 million, might see further growth with Algeria. The report also highlights Uruguay's potential exports of dairy products and wool by-products to Algeria, with the Institute of International Business of the Catholic University of Uruguay estimating the possible sales to reach as high as $195 million.

Uruguay is preparing to finalize the opening of a new market with the imminent authorization of sheep exports to Algeria, a destination with a potential of up to one million animals, according to the Ministry of Livestock, Agriculture, and Fisheries (MGAP). The details will be defined during the week, according to Alfredo Fratti, head of the MGAP. He stated in a press conference that this possibility "is very important, because there are specialized plants that are not slaughtering," alluding to the crisis in the meatpacking plants. The minister indicated that the details will be discussed next week and, speaking to Radio Montecarlo, admitted that, although it depends on private sectors, "the volume could reach up to one million sheep." Strong Performance of Sheep Exports Sheep exports rebounded in the first two months of the year, increasing by 11.6% year-on-year and totaling $41.6 million between January and February, according to data from the Uruguayan Wool Secretariat ...