Trump, beef prices and Meat Packers
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Among a raft of more conventional presidential campaign promises, Brazil's former leader Luiz Inacio Lula da Silva - who aims to unseat President Jair Bolsonaro in October polls - has included an unusual pledge: to give Brazilians back their beef.
Recent political statements caused cattle prices to plummet despite unchanged market fundamentals, potentially delaying herd rebuilding until decade's end
Over the past 50 years, Brazil has emerged as one of the world's agricultural giants. Becoming a leading global exporter of soybeans, beef, coffee and sugar has significantly boosted its economy and placed the country at the center of the global food system.
Japan is “very close” to opening its market to Brazilian beef, according to the South American country’s agriculture minister, in a move that would be a further blow to US exports.
SAO PAULO (Reuters) - Brazilian beef companies do not expect to be hurt by potential new tariffs from President Donald Trump's administration because of low inventories of cattle in the U.S. and a sizable tariff that already exists on these exports.
A powerful association of Chinese beef importers has committed to buying deforestation-free Brazilian beef under a new certification protocol developed by Brazilian NGO Institute for Forest and Agricultural Management and Certification (Imaflora).
US cattle producers say Trump's plan to import foreign-grown beef will only hurt domestic beef producers and help consumers very little.
12don MSN
Brazilian farmers beef up soybean production as China halts business with US during trade fight
Brazil's Agriculture Ministry said in October it expected the next soybean harvest, the one that Rodrigues is planting now, to rise 3.6%, to almost 178 million metric tons in comparison with this year's. Now, government analysts are reviewing those figures as China's increased demand doesn't show signs of waning.