Brazilian meat complex dreams of Japan and South Korea as destinations

Supply Chain Management
Regulation & Compliances
Market & Price Trends
Published Feb 24, 2024

Tridge summary

Brazil has emerged as a major beef exporter, penetrating key markets such as the US, Canada, Mexico, and Russia, with ongoing negotiations to access Asian markets like South Korea and Japan. However, these Asian countries only accept beef from regions free of foot-and-mouth disease without vaccination. Despite its global market success, Brazil has seen a decline in its share in the European Union due to issues such as herd health and environmental concerns. The article also discusses the concept of added value in products or services, which often leads to a higher price.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The executive president of the Brazilian Association of Packers (Abrafrigo), Paulo Mustefaga, stated that in recent years, Brazil has established itself as one of the largest exporters of beef, accessing important markets such as the United States, Canada, Mexico and Russia. “What would still be missing would be some important Asian markets, such as South Korea, where negotiations are already underway, and Japan, which is currently the third most important market in the world, behind China and the United States,” he stated. According to what was published by Abrafrigo, the Executive President commented that the South Korean market, one of the most demanding, only accepts imports of beef and pork from places free of foot-and-mouth disease without vaccination. Between November 9 and 14, 2023, a South Korean delegation visited properties and meat processing plants in the three states of the southern region of Brazil, according to an agenda organized by the Ministry of Agriculture and ...
Source: Agromeat
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