Brazilian beef exports to rise despite FMD bans

by Editor
Thursday, April 19, 2007

According to the United States Department of Agriculture (USDA), Brazilian beef exports are forecast to grow 13% in 2007.

This forecast has been made although some states are still being banned from exporting following the FMD outbreak in October 2005.

Factors contributing to the rise in beef exports are Brazil’s increasing capacity to supply beef demand abroad and some meat processors redirecting exports to plants located in states not affected by bans.

The increase in exports are also due to the redirection of a diversified product mix to non-traditional markets such as the Middle East and North Africa, while Brazil’s traditional EU and Russian markets continue to impose partial bans on exports.

According to the USDA, Brazilian beef production will rise 3.4% in 2007, due to firm domestic demand, expanding exports to non-traditional markets and improved pastures and profits.