Ministry of Agriculture in Brazil suspends beef production for China

Published 2021년 10월 20일

Tridge summary

The Ministry of Agriculture has suspended beef production for China due to two atypical cases of mad cow disease, ending a 60-day period during which no new production will be allowed. This suspension follows a ban implemented since September 4, with beef exports to China accounting for approximately 40% of Brazil's total shipments. Despite this setback, foreign sales of Brazilian beef have still hit record highs. The suspension has led to a decrease in live cattle prices in Brazil, with a 6.53% devaluation this month. The delay in resuming imports could be attributed to Chinese bureaucracy and health control measures, as well as holidays and other international trade issues affecting meat suppliers, including embargos on Indonesia, Malaysia, Australia, and Argentina.

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Original content

The Ministry of Agriculture ordered the suspension of beef production to be destined for China, which banned the Brazilian product after identifying two atypical cases of mad cow disease in the country. The folder also determined that the volume already produced is stocked. The measure is valid for a period of 60 days. It was taken due to the delay in the solution to end the suspension of purchases, a situation that the Minister of Agriculture, Tereza Cristina, proposed to discuss personally with the Chinese authorities. Beef destined for China to be stockpiled (Photo: Getty Images) Beef exports to China have been suspended since September 4, a measure provided for in a sanitary protocol signed between the two countries. Now, they depend on authorization from the country to be taken over. The Asian country accounts for around 40% of Brazilian beef shipments. Even without the main commercial partner, foreign sales of the product continued to break records. While the impasse lasts, ...

Source: Agroinforme