Cattle

bovinos_activitiesBeef production is the most important agricultural activity in Uruguay, using more than 83% of the country´s productive land, with almost 12.0 million heads of livestock, according to the FAO. Annual slaughter is greater than 2.0 million heads, which represents an extraction rate of approximately 17%. Furthermore, Uruguay has one of the highest annual per capita consumptions of beef in the world, according to the USDA.

Uruguayan beef exports increased a compound annual growth rate of 11.3% between 2001 and 2010, compared with 6.7% and 9.5% in Argentina and Brazil, respectively, according to the USDA. Several factors have enabled Uruguay to become a major player in the global beef trade, including access to key export markets, above average sanitary conditions, and the ability to react quickly to consumer demand. Also, Uruguay has implemented a traceability system to its cattle which is unique in South America and is expected to result in Uruguay becoming the first country in the world to have 100% of its cattle herd individually identified. We beleive that this will be a key factor in differentiating Uruguayan beef in the international market and will allow Uruguayan beef to reach higher price levels.

UAG Operations:

Since fiscal year 2009, we have been producing beef products from our cattle. Our first Braford calf, from embryos imported from Australia, was born at our Casco Patricio property in September 2010 and we have since bred our first generation of high genetic value Brafords.

 

This website contains forward-looking statements that are not historical facts and include statements about our beliefs and expectations and the assumptions underlying them. These statements are subject to a number of important factors, risks and uncertainties that could cause actual outcomes or results to differ materially from those expressed in or implied by any forward-looking statement. Such factors include, but cannot be limited to, changes in natural conditions that affect our production, fluctuations in prices or changes in economic conditions of financial markets, the unpredictability of the company´s future access to capital, risks related to the land owned or occupied by the company, law or regulation changes or contingencies, potential defaults of counterparties, along with risks related to Uruguay and/or international markets. Forward-looking statements are based on plans, estimates and projections as they are currently available to management and speak only as of the date they are made. We undertake no obligation to update publicly any of them in light of new information or future events.

Address: Pza. Independencia 737 - Montevideo, URUGUAY - Phone: +598 2900 0000 - Fax:+598 2903 9550 - Mail: web@unionagrogroup.com