Brazil consolidates as China's main supplier of agriculture produce
Soybean Meal
Published Aug 23, 2022
Tridge summary
A new agreement to facilitate exports from the Brazilian agribusiness sector to China has been described by market experts in Sao Paulo as crucial to inaugurating the “biggest era of market openness in the last ten years” between the two countries.
Original content
Agronomist Helen Jacintho said that with the new agreement, China is opening up its market for products such as soybean meal (a long standing resquest from Brazil), concentrated soy protein, corn, peanuts, and citrus pulp. “Excellent news, which consolidate our position as a trustworthy global food producer,” wrote Jacintho in Forbes magazine. According to Ricardo Arioli, president of the National Commission for Cereals, Fibers, and Oilseeds from CNA (Confederation of Agriculture and Livestock of Brazil), the agreement contemplates products of great interest to Brazil in terms of output and export capacity, plus givng priority to other second-line produce, such as corn, sorghum, and sesame. Protocols were discussed at a meeting between officials of China’s Ministry of Agriculture and Brazil’s Ministry of Agriculture to reduce bureaucracy in industry inspection procedures and customs clearance. Initially, the Brazilian agribusiness sector was expecting authorization to export these ...
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