Ibrafe: Sesame agreement paves the way for beans with China

Published 2024년 11월 21일

Tridge summary

A new phytosanitary agreement with China has been reached, enabling Brazil to export beans. The Chinese government has the necessary documentation for negotiations on all types of beans. However, the process can take up to two years due to the back and forth of proposals related to the health of the product. Currently, the market is handling a low volume of business with low demand, and carioca beans, which may replace higher quality grains due to damage from rain, are being used in less favored segments of the population.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The phytosanitary agreement with China, finally announced yesterday, opens up new possibilities for Brazilian beans. The necessary documentation to begin phytosanitary negotiations for all types of beans produced in Brazil is already in the possession of the Chinese government. With the continued growth of imports by China, beans should be included in the export agenda after sesame seeds. But how do you reach an agreement of this type? Even if the destination country is interested and needs them, the bureaucratic procedures can take up to two years. During this process, there is a back and forth of proposals involving issues related to the health of the product, such as tolerances for the presence of weeds and residues of unacceptable pesticides. Until Tuesday of this week, the market maintained a low volume of business. Brokers and cerealists note that demand remains low. ...

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