On-the-Ground Updates

During W8 a Case of the Mad Cow Disease Was Confirmed in Brazil

Frozen Bone-In Beef
Juan Piquet
Published Feb 24, 2023
In W8, after the first announcement of a positive result for a case of mad cow disease in Brazil, prices were not affected as the market is awaiting the second and final analysis. During the second analysis, authorized Brazilian exporters stopped producing and loading beef for China as a precautionary measure. No official announcement indicating a potential temporary suspension of exports to China has been communicated.
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