Chicken meat exports from Brazil have fallen slightly year-on-year in May, trade data from the government showed on Monday, after the country logged a case of bird flu on a commercial farm.
Brazilian meatpacker JBS on Friday secured shareholder support to move ahead with a long-planned dual listing of shares in both the United States and Brazil, it said in a securities filing.
Brazil began a 28-day bird flu observation period on Thursday which it hopes will show the country's chicken farms are free of the disease after local authorities said a farm where its first outbreak was detected had been fully disinfected.
Countries, including China, will not accept chicken consignments in transit from Brazil following confirmation of the country's first bird flu outbreak, Brazilian meat lobby ABPA, which represents large food processors, said on Tuesday.
China's soybean imports from Brazil fell 22.2 per cent in April from a year earlier, data showed on Tuesday, as harvest delays, logistics issues and prolonged customs clearance disrupted shipments.
Brazil, the world’s largest chicken exporter, confirmed its first outbreak of bird flu on a poultry farm on Friday, triggering a country-wide trade ban from China and state-wide restrictions for other major consumers.
A surprising tariff pause between Beijing and Washington will not help U.S. farmers gain soy sales in China without additional concessions, producers said, because top-supplier Brazil still has a competitive price advantage.
Brazil will export more soybeans to China and more soymeal to its main clients in Europe, the Middle East and Southeast Asia in 2025 amid the trade war between the United States and China, a director at industry group Abiove said on Thursday.
China and Brazil are to further solidify their positions as the world's number two and three corn producers, according to attache reports from the United States Department of Agriculture.
Soybean seed piracy in Brazil generates losses of 10 billion reais ($1.76 billion or C$2.51 billion) per year in the country, according to a study by CropLife Brasil and agribusiness consultancy Celeres Consultoria released on Wednesday.