News

Brazil and World

African swine fever will continue to benefit Brazilian producers in 2020

The effects of the African swine fever that hit China, are expected to keep being felt in 2020. According to the Citigroup’s Senior Commodities Strategist, Aakash Doshi, pork producers in Brazil, the US and Europe will continue to benefit next year.
Doshi estimates that China will import a record of 3.5 to 4 million tons of protein from these markets in 2020. Imports of chicken and beef should also increase.
Only in September, the Asian country imported 152,104 tons of beef, an increase of 52.5% in the year comparison. From January to September 2019, 1.13 million tons of this protein were purchased by the Chinese.
Demand increased and prices went up. In Brazil, as soon as new slaughterhouses have been enabled, most of them beef, there has already happened a price reaction in the domestic market. The beef forequarter cuts increased 16%.
“With this increased demand in China and the diverting of products to this market, there is already an effect on the supply of other Brazilian meat buyers, such as Egypt. We have been talking about this for a few weeks and continue to believe that this crisis in China should have many effects in the world market”, says Giordano Fiorentin, Trade Marketing Supervisor at KIT International.
Brazil and World

Saudi Arabia enable eight beef slaughterhouses

The qualification of more eight Brazilian beef slaughterhouses for the Saudi market is also highlighted this week.
Brazil and World

China enable import of more 13 Brazilian slaughterhouses

Other 13 Brazilian slaughterhouses were qualified to export meat to China.
Brazil and World

Brazil increases the total volume of beef exports by 11%

Overall, between January and October 2019, Brazilian beef exports increased by 11% in volume, or 1.4 million tons. Last year, in this same period, 1.3 million tons were sold abroad.
Brazil and World

Beef: 110% growth in Brazilian exports to China

Brazilian beef exports set a new record in October and this advance is driven by China, which continues to stand out among buyers, with 35% of all volume shipped overseas.