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Two Brazilian meat giants Minerva and Marfrig said on the 6th that they will continue to ensure the supply of Chinese beef through meat factories in Argentina and Uruguay .
Based on reports from Brazil’s “São Paulo Page” and the website “InfoMoney”, China is the largest buyer of Brazilian beef.
Brazil’s suspension of beef exports to China complies with the sanitation agreement signed by the two countries and will continue until the Chinese authorities complete the assessment of the information provided by Brazil.
.
In June 2019, Brazil suspended beef exports to China due to the occurrence of atypical mad cow disease
.
The Chinese government lifted the ban about 10 days later .
Brazil’s suspension of beef exports to China complies with the sanitation agreement signed by the two countries and will continue until the Chinese authorities complete the assessment of the information provided by Brazil.
.
In June 2019, Brazil suspended beef exports to China due to the occurrence of atypical mad cow disease
.
The Chinese government lifted the ban about 10 days later .
Brazilian meat giants Minerva and Marfrig both stated that other meat factories in South America in Argentina and Uruguay can meet China's needs
.
.
Minerva is a leader in beef exports in South America.
The company announced on the 6th that its subsidiary, Athena Foods, has three meat plants in Uruguay and one in Argentina.
It will continue to sell to China and its market share will not be affected
.
"Minerva believes that, as in the past, Brazil's export suspension is temporary and should be resumed in a short period of time,
" the company said
.
The company announced on the 6th that its subsidiary, Athena Foods, has three meat plants in Uruguay and one in Argentina.
It will continue to sell to China and its market share will not be affected
.
"Minerva believes that, as in the past, Brazil's export suspension is temporary and should be resumed in a short period of time,
" the company said
.
On the other hand, Marfrig also stated that they have 13 meat factories in South America that have been approved to export to China.
In addition to Brazil, which has seven, Uruguay has four and Argentina has two
.
"Marfrig believes that the current situation is within the scope of regular sanitation issues, and exports are expected to resume soon
.
" The company said, "The handling of the case proves the efficiency and transparency of Brazil's sanitation management and traceability mechanism
.
"
In addition to Brazil, which has seven, Uruguay has four and Argentina has two
.
"Marfrig believes that the current situation is within the scope of regular sanitation issues, and exports are expected to resume soon
.
" The company said, "The handling of the case proves the efficiency and transparency of Brazil's sanitation management and traceability mechanism
.
"
Chinese beef importers said on the 6th that although the main supplier Brazil has suspended exports, the market has not been directly affected and trade is expected to recover soon
.
According to Chinese customs data, from January to July this year, Brazil exported more than 500,000 tons of beef to China, accounting for 38% of China’s total imports, far ahead of Argentina, the second largest supplier, which has a slightly lower supply.
At 300,000 tons
.
.
According to Chinese customs data, from January to July this year, Brazil exported more than 500,000 tons of beef to China, accounting for 38% of China’s total imports, far ahead of Argentina, the second largest supplier, which has a slightly lower supply.
At 300,000 tons
.
This year, the two major suppliers of Chinese beef, Argentina and Australia, have reduced their exports to China.
Argentina has restricted beef exports until October 31 to control inflation.
Australia has been traded by China because of the conflict with China.
Limit
.
Argentina has restricted beef exports until October 31 to control inflation.
Australia has been traded by China because of the conflict with China.
Limit
.
Due to the restoration of domestic supply, China’s imports of pork are decreasing, but China’s demand for beef continues to grow
.
Some Chinese beef buyers said that the global beef supply is very tight and the price has hit a record high.
If the ban lasts only 15 days, it will not have much impact, because it will take two months for Brazilian meat to arrive in China
.
.
Some Chinese beef buyers said that the global beef supply is very tight and the price has hit a record high.
If the ban lasts only 15 days, it will not have much impact, because it will take two months for Brazilian meat to arrive in China
.
Analysts believe that the ban will not last too long because the risk of atypical mad cow disease is low, it occurs naturally and only sporadically in older cattle, while typical mad cow disease is spread through contaminated feed
.
The Brazilian Ministry of Agriculture said on the 6th that the World Organization for Animal Health (OIE) has concluded that these cases will not pose a risk to Brazil's cattle production chain
.
.
The Brazilian Ministry of Agriculture said on the 6th that the World Organization for Animal Health (OIE) has concluded that these cases will not pose a risk to Brazil's cattle production chain
.