News

Market and government hope for shorter China embargo on beef from Brazil

Frozen Bone-In Beef
Meat
Brazil
China
Published Feb 24, 2023

Tridge summary

By Nayara Figueiredo and Rodrigo Viga Gaier SÃO PAULO (Reuters) - The suspension of beef exports from Brazil to China, due to a case of "mad cow disease" in Pará, may last less time than that which occurred in 2021, last time that atypical cases of the disease were registered in the country, according to market participants heard this Thursday.

Original content

The embargo, which is part of a health protocol between the two countries when the disease Bovine Spongiform Encephalopathy (BSE) is confirmed in Brazil, remained for almost 100 days in 2021. In 2019, another atypical case was also confirmed, but the suspension of exports lasted only 13 days. “I do not believe that the situation of 2021, when the embargo started in September and only ended in December, will be repeated. It is important to say that diplomatic relations are now better than in the previous government,” José Augusto de Castro, president of the Brazilian Foreign Trade Association (AEB), told Reuters. He believes that, as it is an isolated case this year, the impact on exports tends to be limited, and "everything indicates that this suspension will last until the month of April". The Minister of Agriculture, Carlos Fávaro, has an even more optimistic forecast and said the day before in an interview with CNN Brasil that the embargo could be lifted by the end of March, ...
Source: Mixvale
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