CNA Bulletin shows drop in fruit exports and increase in Chinese meat demand

An investigation by the Labor Prosecutor's Office in Mato Grosso found that meat processors were complying with regulations and did not need to cease operations, despite Covid-19 cases among employees. The lack of animals for slaughter in Mato Grosso kept beef prices near R $ 220.00, but the industry tried to reduce prices, impacting the futures market. Meanwhile, the European Commission approved a package to support the wine sector and small businesses in Italy, and China's dairy product consumption is expected to rise significantly due to changing eating habits and urbanization. Import data from the General Administration of Customs of China indicates high growth rates in imports of various dairy products, and China plans to further open its market to dairy imports in the next decade due to domestic demand. Since July 2019, 26 Brazilian dairy companies have been authorized to export to China, and in the first five months of this year, 394 thousand tons of goods were shipped from Shanghai.