Minerva sees meat exports from Brazil accelerating to China and Secex lagging
Frozen Bone-In Beef
Meat
Brazil
Published May 11, 2023
Original content
SAO PAULO (Reuters) - Minerva Foods, the largest exporter of beef in South America, estimates that Brazilian exports should accelerate in the coming weeks, with China resuming purchases of the product from Brazil after a temporary suspension of one month between February and March. "With the recent resumption of exports from Brazil to China, we remain very confident in the prospects and opportunities of this market from the second and third quarters", said the company's financial director, Edison Ticle, this Wednesday, during a conference call of results. According to him, “this dynamic gains strength week by week, with the reopening of food services, the level of mobility of people, the resumption of tourism and events, in addition to other vectors that accelerate beef consumption and put pressure on stocks in China”, Ticle said. With the resumption of Minerva's main market, after the suspension of imports of Brazilian meat by the Chinese due to an atypical case of "mad cow ...
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