Brazil has temporarily halted beef exports to China following an atypical case of mad cow disease in leading farm state Mato Grosso, the agriculture ministry said on Monday. China, Brazil's largest beef importer by sales, spent US$1.5 billion on Brazilian beef last year, totalling 322,400 tons or almost 20% of all shipments, according to local beef exporters association Abiec.
A representative of a leading exporter mentioned that the ban was enforced as of Monday morning, when the government formally halted issuance of international health certificates.
A ministry spokeswoman said the move stemmed from a bilateral health protocol signed by the two countries in 2015.
Listed Brazilian meatpackers including Minerva SA fell by 4%. JBS SA and Marfrig Global Foods each had dropped by 3% by the end of the business day.
The Brazilian agriculture ministry on Friday reported the case of atypical mad cow disease in a 17-year-old cow in Mato Grosso state. The case was considered atypical as the animal contracted the BSE protein spontaneously, rather than through the feed supply.
The ministry spokeswoman said on Monday that Brazil expects the suspension to be lifted quickly as the country is still considered free of mad cow disease by the World Organization for Animal Health.
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REF: Brazil halts exports of beef:Jun 04th, 2019 - 01:21 pm 0
Brazilians already enjoy the Rotten Meat. So the beef of any cow [mad or not] is NO problem at all!
REF: “Brazil halts exports of beef”:Jun 06th, 2019 - 04:06 pm 0
MORE Rotten-Meat for the Brazilians! Will it be cheaper?
When I saw mad cow mentioned in the headline, I thought they were talking about Dilma...Jun 07th, 2019 - 09:22 pm 0
Truth is that there are responsible cattle farmers and slaughter houses, and there are those that resort to careless or criminal activities as a way of business....why the latter aren't simply shut down and their owners sent to prison, I don't know, but the fact is that the actions of a few screw it for everyone.