There is no information on the return of Brazilian meat to China

Published 2021년 10월 5일

Tridge summary

Paraguay's meat industry is facing a challenge due to the suspension of beef exports from Brazil to China following the confirmation of two atypical mad cow cases in Brazil. This has led to a decrease in the price of Brazilian cattle and meat, causing increased competition in the common markets. The uncertainty has also resulted in a decrease in the volume of cattle slaughter in Paraguay. The industry is currently looking for alternative markets to offset the slowdown in sales, with Russia and Taiwan showing active demand.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Paraguay's meat chain awaits with expectations the return of exports from Brazil to China, after the main buyer in the world automatically suspended purchases from the South American country due to the confirmation of two atypical cases of mad cow. The temporary exit from China has been extended more than expected, and the price of Brazilian cattle and meat began a period of devaluation and greater competition in common markets with Paraguay. Days ago, the manager of the Paraguayan Meat Chamber, Daniel Burt, told Valor Agro that the downward adjustment in the price of cattle "is necessary to be able to be competitive in the markets, an adjustment to reality because the US $ 4 for meat left the country out of the game. " A South American meat broker based in China confirmed to Valor Agro that there is still "no news" about the rehabilitation of meat from Brazil. "There is no information about it, and possibly there will not be during the next few days since it is a week of ...
Source: Elagro

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.