Tridge summary
In Brazil, discussions are underway regarding a potential ban on live cattle export, driven by requests from NGOs. The issue is not expected to impact the industry in the immediate future, but is being closely monitored, according to Fernando Petruzzi, the consignee of the state of Rio Grande do Sul. Despite these discussions, the live cattle export market remains steady with a slight increase in calf prices. The primary markets for Brazil's live cattle exports are Turkey, Jordan, Egypt, and Iraq.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In Brazil, during the weekend the possibility of prohibiting the export of live cattle was discussed, the consignee of the state of Rio Grande do Sul, Fernando Petruzzi, indicated that “it is something that was discussed, an investigation that is put to the vote.” , but it is something very small, it only has 4,000 votes.” Interviewed on Carve radio's Valor Added, the Brazilian consignee said that although this is not something that is of concern for this year, or next year, "but it is something that has been being dealt with, and we are paying attention to some aspects, because there is a lot of people wanting to get us off.” This intention to prohibit the export of live cattle comes through requests from NGOs, "it is something that with our new government is gaining strength, they are companies that do not even know what a cow is, they think as if everything were a pet". Currently, the export of live cattle “is going steadily, we are seeing a calf price that has risen a little,” ...
Source: Agromeat
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