Required Report - public distribution

**Date:** 8/25/2006

**GAIN Report Number:** BR6622

B

**Brazil**

**Livestock and Products**

**Annual Livestock Report**

**2006**

**Approved by:**

![](media/image1.wmf)Elizabeth Mello, Acting Agricultural Counselor

U.S. Embassy

**Prepared by:**

Joao F. Silva, Agricultural Specialist

**Report Highlights:**

Post projects beef and pork production to increase in 2007, mostly
driven by strong domestic demand and a recovery of the export market.
Profit margins for both cattle and hog producers are expected to recover
after low levels in 2006 as feed prices remain stable. There are some
uncertainties related to the poor management and enforcement of animal
health programs that could negatively impact on exports in 2007, in
particular those to the European Union.

Includes PSD Changes: Yes

Includes Trade Matrix: Yes

Annual Report

Brasilia \[BR1\]

\[BR\]

Table of Contents

[**Executive Summary 3**](#executive-summary)

[Commodity Outlook, Cattle 3](#commodity-outlook-cattle)

[Production 3](#production)

[Geographical Distribution of Cattle
4](#geographical-distribution-of-cattle)

[Cattle Traceability Program 4](#cattle-traceability-program)

[Animal Health Update 5](#animal-health-update)

[Tariff Rate Table 5](#tariff-rate-table)

[Commodity Outlook, Beef 6](#commodity-outlook-beef)

[Production 6](#production-1)

[Consumption 6](#consumption)

[Trade 6](#trade)

[Policy 7](#policy)

[Marketing 7](#marketing)

[Tariff Rate table 7](#tariff-rate-table-1)

[Commodity Outlook, Pork 8](#commodity-outlook-pork)

[Production 8](#production-2)

[Consumption 8](#consumption-1)

[Trade 8](#trade-1)

[Marketing 9](#marketing-1)

[Policy 9](#policy-1)

[Tariff Rate Table 10](#tariff-rate-table-2)

[PSD Tables 11](#psd-tables)

[Animal Numbers, Cattle 11](#animal-numbers-cattle)

[PSD Table, Beef 12](#psd-table-beef)

[Export Trade Matrix, Beef, Jan-Jun 2006
13](#export-trade-matrix-beef-jan-jun-2006)

[Animal Numbers, Swine 14](#animal-numbers-swine)

[PSD Table, Pork 15](#psd-table-pork)

[Export Trade Matrix, Pork, Jan-Jun 2006
16](#export-trade-matrix-pork-jan-jun-2006)

# 

# 

#  

# Executive Summary

Cattle inventories continue to expand in Brazil in response to higher
investments in animal genetics and improved pasture and management
practices stimulated by government credit programs. Production of beef
is projected to increase in 2007 in response to higher domestic demand,
because of competitive consumer prices; and a projected growth in beef
exports, as Brazil resolves its market access problems with foreign
markets due to the outbreak of Foot-and-Mouth Disease (FMD) last year in
Mato Grosso do Sul. Continued aggressive market promotion efforts in
non-traditional markets will also help to increase beef sales.

Pork production and exports is also projected to increase in 2007,
recovering from a poor performance in 2006, mostly due to the Russian
ban on Brazil's exports of pork, since Brazil remains heavily dependent
on the Russian market. However, aggressive market promotion efforts are
targeting other destinations and exports are expected to grow in 2007.

Note: Data included in this report is not official USDA data. Official
USDA data is available at <http://www.fas.usda.gov/psd>

# Commodity Outlook, Cattle

## Production

Cattle inventories will continue to increase in 2006/07, reaching nearly
190 million head by the end of 2007, which gives Brazil the largest
commercial cattle herd in the world. The calf crop is estimated to
increase by 5 percent, reflecting higher yields obtained by Brazilian
livestock producers. Two major factors contribute to the expansion and
improvement of the productivity of the cattle industry in Brazil:

a)  Improvement in animal genetics, mostly through the use of
    crossbreeding programs in the center-west regions of the country.
    Brazilian cattlemen use imported bull semen, such as Red Angus,
    Angus, Simental, and Limousin to cross with the Brazilian \"Nelore\"
    breed. Brazilian breeders are also using an increasing quantity of
    Brahman semen imported from the United States. Because of the
    strength of the Brazilian currency, post estimates imports of beef
    cattle semen to increase in 2006/07;

b)  The Program for Pasture Improvement (PROPASTO), which was created by
    the Federal Government in 2000. In 2004, the federal government
    renamed this program to \"MODERAGRO\", which also includes funds for
    soil erosion and conservation of lowlands. Program funds for the
    2006/07 crop year were allocated at US\$ 545 million. Cattle
    producers use these funds at subsidized yearly interest rates of
    8.75 percent per year (commercial rates are beyond 25 percent). It
    is estimated that there are 180 million hectares of pasture in
    Brazil, of which 60 percent are cultivated (improved) pastures,
    while the balance is considered \"native\" pasture. Improved forage
    seed production will continue to increase in 2005 due to the
    MODERAGRO program. Other programs available to cattle producers
    remain the same as reported in GAIN 5622, pages 5-6.

The impact of the Food-and-Mouth (FMD) outbreak in Mato Grosso does Sul
and Parana in 2005 combined with the continued appreciation of the
Brazilian currency has reduced significantly the profitability of cattle
producers. It is estimated that in May 2006, the price of cattle
(finished steer for slaughter) was R\$ 50 per arroba (one arroba equals
15 kilograms or 33 pounds), the lowest level since 2002. However, cattle
prices began to react in July and some Brazilian analysts suggest that
an adjustment in the supply and demand of cattle is likely to occur in
2007/08.

## Geographical Distribution of Cattle

For the past two decades there has been a movement of cattle towards the
Center-West regions. However, because of the strong expansion of
soybeans in these areas, and more recently, competition with sugarcane,
the appreciation of land prices in the center-west area has prompted a
movement of cattle breeders towards the Northern region, especially to
those areas located in the so-called pre-Amazon (area not as dense as
the rainforest), such as the southern area of the state of Para, as well
as Mato Grosso, and Rondonia. Environmental studies indicate that cattle
ranchers are responsible for 75 percent of the deforestation of the
Amazon as opposed to wood producers.

Analysts say that raising cattle in these areas of the Legal Amazon is
10 to 15 percent more profitable than other regions in Brazil because
land prices are lower than other areas in the Center-South where
competition is stronger for crop production (soybeans, cotton, and
corn), and most recently, sugar-cane production for both sugar and
ethanol. The main constraint to raise cattle in these areas in the Legal
Amazon is the lack of slaughterhouses and the cost of transportation of
cattle to the major packers in the Center-South.

The following table provides a geographical distribution of the cattle
herd in Brazil, by major regions, based on the ending inventories
projected for 2005.

  ----------------------- ----------------------------- -----------------
  **Region**              **Cattle Herd (1,000 head)**  **Share (%)**

  North                   40,027                        23.0

  Northeast               22,155                        12.7

  Southeast               31,256                        18.0

  South                   24,775                        14.3

  Center-West             55,603                        32.0

  TOTAL                   173,816                       100.0
  ----------------------- ----------------------------- -----------------

Source: Office of Agricultural Affairs (OAA).

## Cattle Traceability Program

The Ministry of Agriculture, Livestock, and Food Supply (MAPA)
officially announced the Brazilian System of Identification and
Certification of Bovine and Buffalo Origin (SISBOV, in Portuguese) in
early 2002. The system was developed to monitor all bovine animals born
in Brazil or imported. The animals registered under the SISBOV are
monitored by private certification entities accredited by MAPA. The
SISBOV program includes:

a)  Identification of the farm of origin;

b)  Identification of the animal;

c)  Month of birth or entry on the farm;

d)  Sex of the animal;

e)  System of breeding and feeding;

f)  Records of sales;

g)  Additional information for the certification of the animal;

h)  Sanitary information (vaccination, treatments);

i)  Imported animals identification requirements: country and farm of
    origin, date of import authorization and date of entry in Brazil,
    number of import license and farm of destination; and,

j)  Slaughter animals. The meat packer is responsible for filing with
    MAPA the documents related to the identification of the animal.

SISBOV was recently updated to meet the European Union requirements, but
still faces critical enforcement problems. The Animal Health Department
(DDA) estimates 57 million animals are registered under this program,
about 30 percent of Brazil's cattle herd, and 30 companies are
accredited by DDA to conduct traceability in Brazil.

## Animal Health Update

## 

The outbreak of Foot-and-Mouth Disease (FMD) in Brazil during 2005 has
caused a significant loss of credibility for the Ministry of
Agriculture's ability to provide a sustainable program of sanitary
efficiency and control of animal diseases in Brazil, including
laboratory support. The European Union has been particularly aggressive
with the Brazilian government and granted a waiver until December 2006
for the Ministry of Agriculture to provide corrective actions that can
guarantee the quality of Brazilian meat and meat products exported to
the EU.

A recent report from Brazil's Federal Budget Court (TCU), similar to the
Office of Management and Budget evaluated the effectiveness of Brazil's
sanitary and phytosanitary programs, and laboratory support, and found
these programs not in accordance with proposed policies. According to
the TCU, Brazil is at a significant risk and exposed to exotic diseases.

Brazil and its neighbors in South America (Argentina, Bolivia, Chile,
Paraguay, Peru, and Uruguay) created the Permanent Veterinary Council
(CVP, in Portuguese) in mid-July 2003 to monitor the FMD situation in
the region, exchange technical information on the disease, and work
together to acquire international funds to eradicate the disease from
these countries, which comprise central and southern South America. The
CVP goal is to eradicate FMD from the region by 2009. More recently, the
state of Mato Grosso do Sul and the Government of Paraguay signed an
agreement to work together to improve the sanitary control of the cattle
herd at the border by mapping properties and registration of animals,
and to control the transit of cattle.

## Tariff Rate Table

  ------------------- --------------------- ----------- ------------------
  **Tariff Number     **Product             **Rate      **Other Info**
  (HTS)**             Description**         (%)\***     

  0102.10.10          Breeding Stock        0           

  0102.90.90          Bovine for Slaughter  2           Free (Mercosul

  0511.10.00          Bovine Semen          0           

  0511.99.10          Bovine Embryos        0           
  ------------------- --------------------- ----------- ------------------

-   Assessed on the CIF value of the product

-   Updated as of 8/25/2006

# Commodity Outlook, Beef

## Production

Post forecasts an increase of 3 percent in beef production in 2007 to
reach 9.1 million metric tons from the current record production of 8.8
million metric tons estimated for 2006. The following factors support
our current forecast: a) continued expansion in the export market,
although at moderate rate, b) increase in domestic demand due to
competitive retail prices for beef, and c) aggressive marketing efforts
by Brazilian packers to win new import markets with the objective of
diversifying even further their export markets and reduce their current
dependence of the European Union, especially for fresh beef to some
degree.

## Consumption

Domestic consumption of beef in 2007 is forecast to increase by nearly 4
percent, from a high level of existent per capita beef consumption,
reflecting an estimated increase of economic growth of nearly 4 percent
in 2007. However, the high level of consumer debt, mostly for durable
goods, may temper the increase in beef consumption.

So far, the Zero Hunger Program has had no impact on beef consumption.
Analysts cite that there are limited program funds to bring about an
increase in consumption of animal protein, except for milk.

## Trade

Post forecasts total beef exports (fresh/frozen and processed) in 2007
to reach 2 million metric tons (CWE), a moderate increase over the
current year. Brazilian beef exports are expected to continue to
increase because of the competitiveness of Brazilian beef, the continued
impact of adverse animal health conditions in other countries favoring
Brazilian sales, and aggressive market promotion efforts, including
promotion in new markets. Major target markets for Brazilian beef are
China, the Middle East, Russia, and Chile, although the European Union
is expected to remain the main destination for Brazilian beef.

**Review of beef exports in 2006:** Post revised estimates for beef
exports in 2006. Despite the ban (partial or total) of over 50 countries
on Brazilian beef due to the FMD outbreak in Mato Grosso do Sul and
Parana, total beef exports (fresh/frozen/processed), during Jan-June
2006, increased by nearly 3 percent in volume to 635,359 metric tons
(PWE) and by 17 percent in value to US\$ 1.6 billion. The average export
price increased to US\$ 2,565.15 per metric ton, up 14 percent from last
year. The breakdown of beef exports shows a major increase in processed
beef exports, mostly to the United States, while fresh/frozen beef
dropped by 1 percent due to the partial or total ban from several
countries.

The European Union remains the main destination of Brazilian beef, but
their market share dropped from 26 to 24 percent, during the first half
of 2006. Russia is the second largest market for Brazilian beef and also
had its market share dropped from 18 to 16 percent during Jan-Jun 2006,
as compared to the same period in 2005.

Other major destinations for Brazilian beef are Egypt, Chile, Bulgaria,
Hong Kong, and Saudi Arabia. According to trade sources, the increase in
oil prices has contributed to the hike in Brazilian beef exports this
year as consumers in the oil producing countries have higher disposable
income to purchase animal protein.

## Policy

There are no major changes in policies for beef production and exports.
Brazilian packers remain eligible for all production and export
financing programs listed in GAIN 5622.

Note: The Office of Economic Defense (SDE), Ministry of Justice (MJ),
announced in mid August that it would officially move forward against
Brazil's top beef packers for market manipulation (cartel formation).
The accusation for price-fixing will be conducted by another agency of
the Ministry of Justice in charge of anti-trust investigation (CADE) and
involves eight companies.

## Marketing

The private, non-profit organization, the Brazilian Beef Processors and
Exporters Association (ABIEC), is comprised of Brazil's largest beef
processors, packers, and exporters. In the past, ABIEC functioned mostly
as a national lobbying group, conducting few international market
promotion activities. The association emphasized trade servicing,
specifically related to the elimination of sanitary barriers to
Brazilian beef in the European Union, Asia, and Russia.

ABIEC renewed its agreement with the Brazilian Promotion Company (APEX),
under the Ministry of Development, Industry, and Foreign Trade (MDIC)
for funding US\$ 3.5 million for market promotion activities during
2006/07, of which APEX will fund 50 percent. The major promotional
initiatives (trade shows, workshops, and trade missions) will target
markets in Arab countries, China, Malaysia, South Africa, and Russia. In
addition, target trade show activities in the European Union, such as
the Anuga and Sial, will remain a priority for Brazilian beef exporters.

## Tariff Rate table

+--------------+---------------------------+--------+-----------------+
| **Tariff     | **Product Description**   | **Rate | **Other Info**  |
| Number**     |                           | (%)    |                 |
|              |                           | \***   |                 |
+--------------+---------------------------+--------+-----------------+
| 0201.10.10   | Fresh or Frozen Bone-in   | 10     | Duty-free from  |
|              | Beef Cuts or Carcasses    |        | Mercosul        |
| 0202.10.10   |                           |        |                 |
+--------------+---------------------------+--------+-----------------+
| 0201.30.00   | Fresh or Frozen Boneless  | 12     | Duty-free from  |
|              | Beef                      |        | Mercosul        |
| 0202.30.00   |                           |        |                 |
+--------------+---------------------------+--------+-----------------+
| 0206.10.00   | Bovine: Variety Meats     | 10     | Duty-free from  |
|              |                           |        | Mercosul        |
+--------------+---------------------------+--------+-----------------+
| 0210.20.00   | Meat of Bovine Animals    | 10     | Duty-free from  |
|              |                           |        | Mercosul        |
+--------------+---------------------------+--------+-----------------+
| 1602.50.00   | Processed Bovine Meat     | 16     | Duty-free from  |
|              |                           |        | Mercosul        |
+--------------+---------------------------+--------+-----------------+

-   Assessed on the CIF value of the product

-   Updated as of 8/25/2006.

# Commodity Outlook, Pork

## Production

Post forecasts pork production to increase by eight percent in 2007
recovering from the current decline of 2 percent estimated for 2006.
There are two main factors supporting our forecast: a recovery of the
export market combined higher domestic demand. This projection also
assumes a moderate increase in feed costs since the new Crop Plan
officially announced for 2006/07-crop year continues to inject more
subsidized credit to increase corn production, and provided funds for
renegotiation of old farm debts. It also assumes that current favorable
returns to hog breeders will continue in the first half of next year.
Brazilian pork exporters also project a moderate devaluation of the
Brazilian currency in 2005 that will make the Brazilian product more
competitive in world markets.

Our forecast also estimates an increase in hog production in the
center-west region due to investments made by national and foreign
groups, mostly in the state of Mato Grosso. These investments benefit
from long-term federal credit lines as well state development programs.
An increase in hog production in the center-west region will off-set a
small decline in hog production in the southern region of Brazil, where
hog producers have balanced supply and demand to increase profit
margins. However, the three most southern states of Brazil still account
for about 40 percent of swine slaughter and the production system is
highly vertical.

About 45 percent of Brazil's pork production is concentrated among 10
large packers, of which Sadia accounts for 11 percent of production,
followed by Perdigao with 8 percent, Aurora with 7 percent, and Seara
with 5 percent. Although Seara only accounts for 5 percent of total pork
production, the company alone accounts for 25 percent of all pork
exports.

## 

## Consumption

Pork consumption in 2007 is forecasted to remain strong mostly because
of the expected stable consumer prices and strong market promotion
conducted jointly by producers and packers to increase per capita
domestic consumption of fresh pork in Brazil. Promotional activities for
pork are concentrated in the supermarkets, mostly in the Center-South of
the country.

Pork utilization in Brazil is estimated at 70 percent
industrial/processing, and 30 percent fresh consumption. A promotional
campaign to increase fresh pork consumption, which started in the south,
has expanded to other major cities in the southeast. Pork producers
remain concerned about the seasonal trend of fresh pork consumption in
Brazil that is concentrated during the winter months (June-August), and
are trying to address this concern with their campaign to promote the
benefits of pork consumption year-round. Pork producers are trying to
close the gap between the regions of Brazil in terms of pork
consumption. Currently, per capita pork consumption is concentrated in
the South with per capita consumption at 18 kilograms and the Southeast
at 15 kilograms, while the Center-West (11 kilograms) and Northeast (6
kilograms) regions consume less pork.

## Trade

Pork exports are projected to increase by five percent in 2007, after a
significant decline in 2006, due to the Russian ban (see below).
According to trade sources, although pork exports are still too
concentrated in the Russian market, exports to other non-traditional
markets are projected to increase next year because of increased market
access through negotiations of SPS issues and aggressive market
promotion in target markets to reduce Brazil's dependence on pork
exports to the Russian market.

**Review of 2006 pork exports**: Post revised the estimates for pork
exports in 2006. The volume of pork exports during Jan-June 2006,
decreased by 30 percent, a significant reduction. This result is mostly
attributed to the Russian ban on eight Brazilian states due to the FMD
outbreak last year in Mato Grosso do Sul and Parana. As of August 25,
2006, except for Rio Grande do Sul and Mato Grosso; Russia continues
with the ban on imports of Brazilian pork from six other states,
including Santa Catarina. The decline in the volume of pork exports
during the first half of 2006 was partially offset by increased exports
to other destinations in Eastern Europe (mostly Ukraine), and to Hong
Kong and Singapore.

## Marketing

In addition to the domestic campaign to increase consumption of fresh
pork, Brazilian pork exporters initiated a marketing program in 2002 to
expand overseas sales of pork. The program is half financed by the
Brazilian Pork Processors and Exporters Association (ABIPECS) and the
other half by the Federal Government Export Promotion Agency (APEX),
under the Ministry of Industry, Commerce and Foreign Trade (MDIC). In
2006, ABIPECS renewed its agreement with APEX for funding US\$ 2.8
million for market promotion activities during 2006/07, of which APEX
will fund 50 percent.

Market promotion programs developed by ABIPECS include: trade servicing,
participation in trade shows (principally FOODEX Japan, HOFEX Hong Kong,
World Food Moscow, SIAL, and ANUGA Germany), display and sampling of
products, sales catalogs in foreign languages, trade missions, reverse
trade missions, and publicity.

Target overseas markets include: Asia, Eastern European countries, the
European Union, and other countries in Latin America. Since Russia
became the largest importer of Brazilian pork, ABIPECS is targeting
Russian retailers in their promotional efforts to avoid the high cost of
doing business in Russia through European trading companies.

## Policy

There are no major changes in policies for pork production and exports.
Brazilian packers remain eligible for all production and export
financing programs listed in GAIN 5622.

## 

## Tariff Rate Table

## 

+--------------+---------------------------+--------+-----------------+
| **Tariff     | **Product Description**   | **Rate | **Other Info**  |
| Number**     |                           | (%)    |                 |
|              |                           | \***   |                 |
+--------------+---------------------------+--------+-----------------+
| 0203.10.10   | Fresh or Frozen Bone-in   | 10     | Duty-free from  |
|              | Pork Cuts or Carcasses    |        | Mercosul        |
| 0203.20.10   |                           |        |                 |
+--------------+---------------------------+--------+-----------------+
| 0201.30.00   | Fresh or Frozen Boneless  | 10     | Duty-free from  |
|              | Pork                      |        | Mercosul        |
| 0202.30.00   |                           |        |                 |
+--------------+---------------------------+--------+-----------------+
| 0206.30.00   | Pork: Variety Meats       | 10     | Duty-free from  |
|              |                           |        | Mercosul        |
+--------------+---------------------------+--------+-----------------+
| 0210.11.00   | Pork meat                 | 10     | Duty-Free from  |
|              |                           |        | Mercosul        |
+--------------+---------------------------+--------+-----------------+
| 1602.40.00   | Processed Pork Meat       | 16     | Duty-free from  |
|              |                           |        | Mercosul        |
+--------------+---------------------------+--------+-----------------+

-   Assessed on the CIF value of the product

-   Updated as of 8/25/2006

#  

# PSD Tables

## Animal Numbers, Cattle

# 

+-------------+-------+-------+-------+-------+-------+-------+-------+
| PSD Table   |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Country     |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Brazil      |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Commodity   |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Animal      |       |       |       |       |       |       |       |
| Numbers,    |       |       |       |       |       |       |       |
| Cattle      |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| (1000 HEAD) |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
|             | 2005  | Re    | 2006  | Est   | 2007  | For   | UOM   |
|             |       | vised |       | imate |       | ecast |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
|             | USDA  | Post  | USDA  | Post  | USDA  | Post  |       |
|             | Off   | Est   | Off   | Est   | Off   | Est   |       |
|             | icial | imate | icial | imate | icial | imate |       |
|             | \[    | \[    | \[    | \[    | \[    | \[    |       |
|             | Old\] | New\] | Old\] | New\] | Old\] | New\] |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Market Year |       | 01    |       | 01    |       | 01    | MM    |
| Begin       |       | /2005 |       | /2006 |       | /2007 | /YYYY |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Total       | 1     | 1     | 1     | 1     | 1     | 1     | (1000 |
| Cattle Beg. | 69567 | 69567 | 73816 | 73816 | 80310 | 80103 | HEAD) |
| Stks        |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Dairy Cows  | 33913 | 33913 | 34763 | 34763 | 0     | 36021 | (1000 |
| Beg. Stks   |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Beef Cows   | 47749 | 47749 | 48668 | 48668 | 0     | 50429 | (1000 |
| Beg. Stocks |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Production  | 48327 | 48327 | 50928 | 50928 | 0     | 53490 | (1000 |
| (Calf Crop) |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Intra EC    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Imports     |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Total       | 1     | 1     | 1     | 1     | 0     | 0     | (1000 |
| Imports     |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 1     | 1     | 1     | 1     | 0     | 0     | (1000 |
| Imports     |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 2     | 2     | 2     | 2     | 1     | 2     | (1000 |
| SUPPLY      | 17895 | 17895 | 24745 | 24745 | 80310 | 33593 | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Intra EC    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Exports     |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Total       | 113   | 130   | 100   | 175   | 0     | 210   | (1000 |
| Exports     |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 113   | 130   | 100   | 175   | 0     | 210   | (1000 |
| Exports     |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Cow         | 14715 | 14715 | 16405 | 16587 | 0     | 16773 | (1000 |
| Slaughter   |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Calf        | 900   | 900   | 900   | 900   | 0     | 700   | (1000 |
| Slaughter   |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Other       | 23815 | 23815 | 22795 | 22795 | 0     | 23943 | (1000 |
| Slaughter   |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Total       | 39430 | 39430 | 40100 | 40282 | 0     | 41416 | (1000 |
| Slaughter   |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Loss        | 4536  | 4519  | 4235  | 4185  | 0     | 4300  | (1000 |
|             |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Ending      | 1     | 1     | 1     | 1     | 0     | 1     | (1000 |
| Inventories | 73816 | 73816 | 80310 | 80103 |       | 87667 | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 2     | 2     | 2     | 2     | 0     | 2     | (1000 |
| D           | 17895 | 17895 | 24745 | 24745 |       | 33593 | HEAD) |
| ISTRIBUTION |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Calendar    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Yr. Imp.    |       |       |       |       |       |       | HEAD) |
| from U.S.   |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Calendar    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Yr. Exp. to |       |       |       |       |       |       | HEAD) |
| U.S.        |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+

Note: Not Official USDA Data

## PSD Table, Beef

+-------------+-------+-------+-------+-------+-------+-------+-------+
| PSD Table   |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Country     |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Brazil      |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Commodity   |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Meat, Beef  |       |       |       |       |       |       |       |
| and Veal    |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| (1000 MT    |       |       |       |       |       |       |       |
| CWE)(1000   |       |       |       |       |       |       |       |
| HEAD)       |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
|             | 2005  | Re    | 2006  | Est   | 2007  | For   | UOM   |
|             |       | vised |       | imate |       | ecast |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
|             | USDA  | Post  | USDA  | Post  | USDA  | Post  |       |
|             | Off   | Est   | Off   | Est   | Off   | Est   |       |
|             | icial | imate | icial | imate | icial | imate |       |
|             | \[    | \[    | \[    | \[    | \[    | \[    |       |
|             | Old\] | New\] | Old\] | New\] | Old\] | New\] |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Market Year |       | 01    |       | 01    |       | 01    | MM    |
| Begin       |       | /2005 |       | /2006 |       | /2007 | /YYYY |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Slaughter   | 39430 | 39430 | 40100 | 40282 | 0     | 41416 | (1000 |
| (Reference) |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Beginning   | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Stocks      |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Production  | 8592  | 8592  | 8810  | 8850  | 0     | 9120  | (1000 |
|             |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Intra EC    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Imports     |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Total       | 49    | 51    | 25    | 30    | 0     | 45    | (1000 |
| Imports     |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 49    | 51    | 25    | 30    | 0     | 45    | (1000 |
| Imports     |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 8641  | 8643  | 8835  | 8880  | 0     | 9165  | (1000 |
| SUPPLY      |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Intra EC    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Exports     |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Total       | 1867  | 1943  | 1800  | 1945  | 0     | 0     | (1000 |
| Exports     |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 1867  | 1943  | 1800  | 1945  | 0     | 1985  | (1000 |
| Exports     |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Human Dom.  | 6774  | 6700  | 7035  | 6935  | 0     | 7180  | (1000 |
| Consumption |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Other Use,  | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Losses      |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL Dom.  | 6774  | 6700  | 7035  | 6935  | 0     | 7180  | (1000 |
| Consumption |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Ending      | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Stocks      |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 8641  | 8643  | 8835  | 8880  | 0     | 9165  | (1000 |
| D           |       |       |       |       |       |       | MT    |
| ISTRIBUTION |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Calendar    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Yr. Imp.    |       |       |       |       |       |       | MT    |
| from U.S.   |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Calendar    | 93    | 93    | 110   | 110   | 0     | 0     | (1000 |
| Yr. Exp. to |       |       |       |       |       |       | MT    |
| U.S.        |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+

Note: Not Official USDA DAta

## Export Trade Matrix, Beef, Jan-Jun 2006

+-------------------+----------------+----------------+----------------+
| Export Trade      |                |                |                |
| Matrix            |                |                |                |
|                   |                |                |                |
| Country           |                |                |                |
|                   |                |                |                |
| Brazil            |                |                |                |
|                   |                |                |                |
| Commodity         |                |                |                |
|                   |                |                |                |
| Meat, Beef and    |                |                |                |
| Veal              |                |                |                |
+-------------------+----------------+----------------+----------------+
| Time Period       | Jan-Jun        | Units:         | Metric Tons    |
+-------------------+----------------+----------------+----------------+
| Exports for:      | 2005           |                | 2006           |
+-------------------+----------------+----------------+----------------+
| U.S.              | 22,914         | U.S.           | 34,684         |
+-------------------+----------------+----------------+----------------+
| Others            |                | Others         |                |
+-------------------+----------------+----------------+----------------+
| Algeria           | 27,310         |                | 21,274         |
+-------------------+----------------+----------------+----------------+
| Bulgaria          | 24,791         |                | 32,759         |
+-------------------+----------------+----------------+----------------+
| Chile             | 52,295         |                | 41,615         |
+-------------------+----------------+----------------+----------------+
| Egypt             | 76,678         |                | 97,130         |
+-------------------+----------------+----------------+----------------+
| European Union    | 160,768        |                | 151,201        |
+-------------------+----------------+----------------+----------------+
| Hong Kong         | 9,725          |                | 13,521         |
+-------------------+----------------+----------------+----------------+
| Iran              | 6,908          |                | 12,522         |
+-------------------+----------------+----------------+----------------+
| Israel            | 12,137         |                | 15,731         |
+-------------------+----------------+----------------+----------------+
| Lebanon           | 7,933          |                | 11,314         |
+-------------------+----------------+----------------+----------------+
| Philippines       | 10,379         |                | 14,374         |
+-------------------+----------------+----------------+----------------+
| Romania           | 10,266         |                | 13,337         |
+-------------------+----------------+----------------+----------------+
| Russia            | 111,329        |                | 101,201        |
+-------------------+----------------+----------------+----------------+
| Saudi Arabia      | 11,996         |                | 20,339         |
+-------------------+----------------+----------------+----------------+
| Ukraine           | 4,708          |                | 8,947          |
+-------------------+----------------+----------------+----------------+
| Total for Others  | 527,223        |                | 555,265        |
+-------------------+----------------+----------------+----------------+
| Others not Listed | 67,448         |                | 45,410         |
+-------------------+----------------+----------------+----------------+
| Grand Total       | 617585         |                | 635359         |
+-------------------+----------------+----------------+----------------+

## Animal Numbers, Swine

+-------------+-------+-------+-------+-------+-------+-------+-------+
| PSD Table   |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Country     |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Brazil      |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Commodity   |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Animal      |       |       |       |       |       |       |       |
| Numbers,    |       |       |       |       |       |       |       |
| Swine       |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| (1000 HEAD) |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
|             | 2005  | Re    | 2006  | Est   | 2007  | For   | UOM   |
|             |       | vised |       | imate |       | ecast |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
|             | USDA  | Post  | USDA  | Post  | USDA  | Post  |       |
|             | Off   | Est   | Off   | Est   | Off   | Est   |       |
|             | icial | imate | icial | imate | icial | imate |       |
|             | \[    | \[    | \[    | \[    | \[    | \[    |       |
|             | Old\] | New\] | Old\] | New\] | Old\] | New\] |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Market Year |       | 01    |       | 01    |       | 01    | MM    |
| Begin       |       | /2005 |       | /2006 |       | /2007 | /YYYY |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 32323 | 32323 | 32938 | 32938 | 0     | 33147 | (1000 |
| Beginning   |       |       |       |       |       |       | HEAD) |
| Stocks      |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Sow         | 3020  | 3020  | 3030  | 3025  | 0     | 3030  | (1000 |
| Beginning   |       |       |       |       |       |       | HEAD) |
| Stocks      |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Production  | 32295 | 32295 | 31257 | 31257 | 0     | 32040 | (1000 |
| (Pig Crop)  |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Intra EC    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Imports     |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Total       | 1     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Imports     |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 1     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Imports     |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 64619 | 64618 | 64195 | 64195 | 0     | 65187 | (1000 |
| SUPPLY      |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Intra EC    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Exports     |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Total       | 0     | 1     | 0     | 0     | 0     | 0     | (1000 |
| Exports     |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 0     | 1     | 0     | 0     | 0     | 0     | (1000 |
| Exports     |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Sow         | 200   | 200   | 200   | 203   | 0     | 210   | (1000 |
| Slaughter   |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| OTHER       | 30229 | 30229 | 30300 | 29265 | 0     | 30190 | (1000 |
| SLAUGHTER   |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Total       | 30429 | 30429 | 30500 | 29468 | 0     | 30400 | (1000 |
| Slaughter   |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Loss        | 1252  | 1250  | 1583  | 1580  | 0     | 1600  | (1000 |
|             |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Ending      | 32938 | 32938 | 32112 | 33147 | 0     | 33187 | (1000 |
| Inventories |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 64619 | 64618 | 64195 | 64195 | 0     | 65187 | (1000 |
| D           |       |       |       |       |       |       | HEAD) |
| ISTRIBUTION |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Calendar    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Yr. Imp.    |       |       |       |       |       |       | HEAD) |
| from U.S.   |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Calendar    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Yr. Exp. to |       |       |       |       |       |       | HEAD) |
| U.S.        |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+

Note: Not Official USDA Data

## PSD Table, Pork

+-------------+-------+-------+-------+-------+-------+-------+-------+
| PSD Table   |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Country     |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Brazil      |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Commodity   |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| Meat, Swine |       |       |       |       |       |       |       |
|             |       |       |       |       |       |       |       |
| (1000 MT    |       |       |       |       |       |       |       |
| CWE)(1000   |       |       |       |       |       |       |       |
| HEAD)       |       |       |       |       |       |       |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
|             | 2005  | Re    | 2006  | Est   | 2007  | For   | UOM   |
|             |       | vised |       | imate |       | ecast |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
|             | USDA  | Post  | USDA  | Post  | USDA  | Post  |       |
|             | Off   | Est   | Off   | Est   | Off   | Est   |       |
|             | icial | imate | icial | imate | icial | imate |       |
|             | \[    | \[    | \[    | \[    | \[    | \[    |       |
|             | Old\] | New\] | Old\] | New\] | Old\] | New\] |       |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Market Year |       | 01    |       | 01    |       | 01    | MM    |
| Begin       |       | /2005 |       | /2006 |       | /2007 | /YYYY |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Slaughter   | 30429 | 30429 | 30500 | 29265 | 0     | 30400 | (1000 |
| (Reference) |       |       |       |       |       |       | HEAD) |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Beginning   | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Stocks      |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Production  | 2800  | 2800  | 2775  | 2745  | 0     | 2970  | (1000 |
|             |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Intra EC    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Imports     |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Total       | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Imports     |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Imports     |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 2800  | 2800  | 2775  | 2745  | 0     | 2970  | (1000 |
| SUPPLY      |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Intra EC    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Exports     |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Total       | 761   | 761   | 625   | 540   | 0     | 590   | (1000 |
| Exports     |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 761   | 761   | 625   | 540   | 0     | 590   | (1000 |
| Exports     |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Human Dom.  | 2039  | 2039  | 2140  | 2205  | 0     | 2380  | (1000 |
| Consumption |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Other Use,  | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Losses      |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL Dom.  | 2039  | 2039  | 2140  | 2205  | 0     | 2380  | (1000 |
| Consumption |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Ending      | 0     | 0     | 10    | 0     | 0     | 0     | (1000 |
| Stocks      |       |       |       |       |       |       | MT    |
|             |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| TOTAL       | 2800  | 2800  | 2775  | 2745  | 0     | 2970  | (1000 |
| D           |       |       |       |       |       |       | MT    |
| ISTRIBUTION |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Calendar    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Yr. Imp.    |       |       |       |       |       |       | MT    |
| from U.S.   |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+
| Calendar    | 0     | 0     | 0     | 0     | 0     | 0     | (1000 |
| Yr. Exp. to |       |       |       |       |       |       | MT    |
| U.S.        |       |       |       |       |       |       | CWE)  |
+-------------+-------+-------+-------+-------+-------+-------+-------+

Note: Not Official USDA Data

## Export Trade Matrix, Pork, Jan-Jun 2006

+-------------------+----------------+----------------+----------------+
| Export Trade      |                |                |                |
| Matrix            |                |                |                |
|                   |                |                |                |
| Country           |                |                |                |
|                   |                |                |                |
| Brazil            |                |                |                |
|                   |                |                |                |
| Commodity         |                |                |                |
|                   |                |                |                |
| Meat, Swine       |                |                |                |
+-------------------+----------------+----------------+----------------+
| Time Period       | Jan-Jun        | Units:         | Metric Tons    |
+-------------------+----------------+----------------+----------------+
| Exports for:      | 2005           |                | 2006           |
+-------------------+----------------+----------------+----------------+
| U.S.              | 0              | U.S.           | 0              |
+-------------------+----------------+----------------+----------------+
| Others            |                | Others         |                |
+-------------------+----------------+----------------+----------------+
| Angola            | 2,161          |                | 3,450          |
+-------------------+----------------+----------------+----------------+
| Albania           | 4,795          |                | 3,352          |
+-------------------+----------------+----------------+----------------+
| Argentina         | 8,864          |                | 7,736          |
+-------------------+----------------+----------------+----------------+
| European Union    | 3,738          |                | 754            |
+-------------------+----------------+----------------+----------------+
| Georgia           | 1,702          |                | 1,941          |
+-------------------+----------------+----------------+----------------+
| Hong Kong         | 24,856         |                | 30,277         |
+-------------------+----------------+----------------+----------------+
| Russia            | 172,334        |                | 103,057        |
+-------------------+----------------+----------------+----------------+
| Singapore         | 6,734          |                | 12,360         |
+-------------------+----------------+----------------+----------------+
| South Africa      | 10,780         |                | 9              |
+-------------------+----------------+----------------+----------------+
| UAE               | 3,185          |                | 3,026          |
+-------------------+----------------+----------------+----------------+
| Ukraine           | 8,403          |                | 11,767         |
+-------------------+----------------+----------------+----------------+
| Uruguay           | 3,450          |                | 3,635          |
+-------------------+----------------+----------------+----------------+
| Total for Others  | 251002         |                | 181,364        |
+-------------------+----------------+----------------+----------------+
| Others not Listed | 24,072         |                | 17,327         |
+-------------------+----------------+----------------+----------------+
| Grand Total       | 275074         |                | 198691         |
+-------------------+----------------+----------------+----------------+