Beef exports in Brazil fall by more than 15% due to bovine spongiform encephalopathy

Published 2023년 3월 21일

Tridge summary

In February, Brazilian beef exports saw a 16% decrease compared to the same month last year, totaling 152,280 tons, primarily due to suspension of imports by China following a case of Bovine Spongiform Encephalopathy (BSE). This resulted in a 27.5% decrease in China's purchases of Brazilian beef in February compared to January. Despite this, the first two months of 2023 saw a 22.6% increase in Chinese imports of Brazilian beef, though the price fell by 4.2%. Other major markets, including the United States and Chile, also reduced their purchases of Brazilian beef.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In February, Brazilian beef exports totaled 152,280 tons, which represented a 16% decrease compared to the same month last year, a result that the industry attributed to the most recent atypical case of Bovine Spongiform Encephalopathy (BSE). In the Brazilian Association of Refrigerators (Abrafrigo), they explained that this is due to the suspension of imports by China as a precautionary measure, a country that despite current conditions, remains its main market. YOU MAY BE INTERESTED: China closes commercial doors to beef from Brazil due to a case of Bovine Spongiform Encephalopathy This reduction is only a first window due to China's restriction They clarified that the negative results for February only partially reflect the effects of the restrictions in the Asian country, since the situation occurred at the end of that month, so the total effects will be seen in the March numbers. During the past month, China bought 72,536 tons from Brazil, 27.5% less compared to what was ...
Source: Ganaderia

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