News

Serratti on the mad cow case in Paraguay

Frozen Bone-In Beef
Meat
Paraguay
Published Feb 23, 2023

Tridge summary

The confirmation of the atypical case of mad cow in Brazil and the automatic temporary departure of China, is generating movements on the international board of bovine meat, considering that the players are the world's main exporter and importer of the product. In Paraguay, a window of uncertainty was 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.

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
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