Brazil will continue with 'tranquility' as the largest exporter of beef

Published 2023년 3월 17일

Tridge summary

Brazil is set to be the world's largest beef exporter in 2023, despite a provisional ban on beef exports to China following a mad cow disease case in Pará. Analyst Fernando Iglesias predicts Brazil's beef exports will reach around 2.3 million tons, slightly surpassing last year's figure of 2.345 million tons. He believes Brazil's dominant position in the global beef market is secure, especially with the potential lift of the provisional ban. Iglesias also discussed the increase in slaughter numbers and provided projections on calve and pig prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Without being able to export beef to China since February 23, when a case of mad cow disease was announced in Pará, Brazil will end the year at the top of the ranking of the world's largest exporters of the protein. At least that's what analyst Fernando Iglesias, from consultancy Safras & Mercado, assesses. By signaling that the embargo on shipments of the product to China is only “provisional”, Iglesias pointed out, in an interview with Canal Rural, that the country tends to end 2023 with around 2.3 million tons of beef (including carcasses ) sent to the international market. Last year, 2.345 million tons were exported. “Brazil should maintain its global leadership in beef exports with some peace of mind,” said Iglesias while participating in this Thursday’s (16th) edition of the news program ‘Mercado & Companhia’. “Brazil is in a privileged position in the market”, ...

Source: Beefpoint