News

The fat farm market in Paraguay was paralyzed due to an atypical case of mad cow in Brazil

Frozen Bone-In Beef
Meat
Brazil
Paraguay
Published Feb 21, 2023

Tridge summary

The positive result of atypical mad cow in the first sample that was taken from an adult cow in a cattle farm in the state of Pará in Brazil, opened a window of speculation in the Paraguayan meat complex in view of the consequence that could mean a temporary departure from the largest world exporter of meat from the Chinese market.

Original content

Although the definitive result of the second test that was sent to Canada for analysis will be communicated on Thursday, the Paraguayan refrigeration companies decided to stop purchasing animals for slaughter until official information is known. "Since noon on Monday, the plants stopped paying the purchase price," an operator told Valor Agro. Prior to the cessation, the fat cattle market had prices rising week by week, and the last list reference was US$3.60 per kilo carcass for males and heifers, and US$3.15 for cows. If the definitive analysis is confirmed, China would stop receiving meat from Brazil for a period of four weeks, which, according to the background, could be a shorter time, as happened in 2019, or a longer period, such as in 2021, which reached two months. . "It will depend a lot on how the Asian country's need for meat is," a market analyst told Valor Agro. The exit of China would imply that Brazil dumps a greater volume of meat in common markets with ...
Source: Elagro
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