Argentine beef exports to its top buyer China fell almost a third in January due to a price dispute with Chinese importers and the effects of a coronavirus outbreak, the head of the country's meat export chamber revealed.
China said on Tuesday it would accept applications for new tariff exemptions for 696 products imported from the United States including key agricultural and energy products such as pork, beef, soybeans, liquefied natural gas and crude oil.
Brazil’s meat industry association ABPA said a “perfect storm” of health and food security concerns in China promises to drive up demand for Mercosur meat, giving Brazilian meatpacker shares a boost.
Chinese demand is increasingly swallowing up Brazil's beef supply, pushing the country's cattle prices to a record high. China’s hunger for foreign meat has shot up as an outbreak of African swine fever has reduced its domestic pig population and has sent it looking for substitutes.
The first-ever shipment of Argentine beef to Japan was sent on Wednesday, a significant achievement for both countries made possible through an effective and coordinated effort between health authorities, Agro-Industry Ministries, Foreign Ministries, and the respective embassies.
The United States and Brazil have agreed to steps aimed at lowering barriers to agricultural trade, focusing on wheat, pork and beef, the presidents of the two nations said in a joint statement on Tuesday.
Brazil and China are expected to hold their first high-level political and economic talks since 2015 later this year, Brazil’s agriculture trade secretary said on Thursday, in a move likely to boost farm trade between the two countries.
Four people are going on trial in Paris over an alleged scheme that fed consumers across Europe frozen foods containing cheap horse meat fraudulently labelled as pricier beef.
Brazilian food company Minerva SA has signed memorandums of understanding with China's Alibaba and another five clients in the world's most populous nation to supply frozen beef for a period of five years.
Russia's agriculture safety watchdog said on Wednesday it would allow imports of beef and pork from nine Brazilian plants beginning on Thursday, ending an 11-month ban triggered by concerns about the safety of their meat products.