Brazil: Chinese beef demand expected to continue rising

Published 2023년 3월 23일

Tridge summary

The Ministry of Agriculture, Livestock and Supply in Brazil has announced the resumption of beef exports following a suspension due to an atypical case of mad cow disease. The suspension had impacted the industry, particularly given China's increasing demand for beef, which is expected to reach 3.52 million tons, a 2% growth from 2022. China is a major market for Brazilian beef, accounting for about 60% of production. The case of mad cow disease was confirmed to be isolated, and it is important for the industry to continue practicing good hygiene to prevent future issues.

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

Original content

The Ministry of Agriculture, Livestock and Supply (Mapa) announced this Thursday (20.03) the resumption of exports of Brazilian beef, after suspension since February 22, when an atypical case of mad cow disease was detected in a small property in the southeast of Pará. In 2023, it is possible that the Chinese demand for beef will continue to increase in 2023, resulting in a total of 3.52 million tons. This number represents an expected growth of 2% in relation to the volume imported in 2022. China is the country that Brazil exports the most beef, representing approximately 60% of the total production of the Brazilian product. Brazil is a major exporter of beef to China, and the suspension of exports has negatively impacted the sector. The resumption is essential for the country to remain an important supplier of animal protein to the Chinese market", said Fábio Pizzamiglio, director of Efficienza. An examination carried out in a reference laboratory in Canada confirmed that the ...

Source: Agrolink