Serratti on the mad cow case in Paraguay

Published 2023년 2월 23일

Tridge summary

A recent discovery of a mad cow case in Brazil has led to China banning Brazilian beef imports, impacting the global bovine meat market. This situation has caused a reduction in cattle prices in Paraguay due to concerns about Brazilian red protein in common markets. However, the president of the Paraguayan Association of Meat Producers and Exporters, Fernando Serrati, sees this as an opportunity for Paraguay to expand its meat exports to countries like Argentina and Uruguay, as well as deepen existing markets. He stresses the importance of collaboration between the government, producers, and industry to capitalize on this opportunity quickly and effectively.

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

Original content

The confirmation of the atypical case of mad cow in Brazil and the automatic temporary exit of China, is generating movements on the international board of bovine meat, considering that the players are the main exporter and importer of the product in the world. In Paraguay, a window of uncertainty opened due to the possible presence of Brazilian red protein in common markets and had an impact on a reduction in the price of cattle by 40 cents on the dollar. The president of the Paraguayan Association of Meat Producers and Exporters (APPEC), Fernando Serrati, assured Valor Agro that the producer is the most affected and punished in this situation, but that it is important that the meat complex and the government see the opportunities that this scenario offers Paraguay, and not the consequences. “There is not a demand problem, the markets did not fall, but a supplier, which means that spaces are opening up that must be captured quickly and intelligently. There is a great opportunity ...

Source: Elagro