By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > Markets > Stocks > Brazil poultry lobby sees little risk of nationwide export ban over bird flu
Stocks

Brazil poultry lobby sees little risk of nationwide export ban over bird flu

News Room
Last updated: 2023/06/03 at 4:21 AM
By News Room
Share
3 Min Read
SHARE
4/4

© Reuters. Chickens and a turkey are seen inside a coop at a private poultry farming at a ranch in Rio de Janeiro, Brazil June 2, 2023. REUTERS/Ricardo Moraes

2/4

By Ana Mano

SAO PAULO (Reuters) – Revised trade accords with most of Brazil’s trade partners, including China, make it unlikely the world’s largest chicken supplier will impose a nationwide ban on exports should the virus that causes highly pathological avian influenza (HPAI) hit commercial flocks.

Ricardo Santin, head of a group representing firms like JBS and BRF, told Reuters the agreements with trade partners should limit any export restrictions to smaller geographic regions.

Still, the details of a 2004 bilateral sanitary protocol with China, Brazil’s top chicken buyer last year, could spell some pain for exporters.

The protocol, which the agriculture ministry said remains in force, requires immediate notification to Beijing of epidemic diseases and imposes temporary national and local bans depending on the type of illness threatening the health of poultry.

It also stipulates that exported meat must come from farms free of any avian disease-related restrictions for 12 months.

Santin declined to elaborate on how he expects Beijing and Brasilia to apply the 2004 protocol in the event of an outbreak in Brazil’s commercial flock.

This week, HPAI was detected in wild birds in the southern state of Rio Grande do Sul, raising the risk of infection on poultry farms, which are largely concentrated in southern Brazil. Rio Grande do Sul ships 16% of Brazil’s chicken exports.

Brazil has registered 19 outbreaks of HPAI in wild birds nationwide this year.

Santin said Brazil began renegotiating sanitary protocols in 2021 with around 70% of foreign markets.

He said in principle most of Brazil’s clients accept that “a containment zone” may be established for trade purposes, based on World Organization for Animal Health (WOAH) guidelines.

Those practices, however, may not satisfy buyers like Japan, Mexico and South Africa, who have not revised agreements with Brazil, he said.

WOAH outlines best practices for “zoning” and compartmentalizing HPAI infection to specific areas at risk in order to ease nation-wide restrictions, allowing countries to continue to sell and export of poultry.

The U.S., which competes with Brazil in poultry export markets, had HPAI outbreaks but continued to ship products.

U.S. turkey and egg production dropped 6% and 2% respectively in 2022 as avian flu wiped out flocks. Still, total poultry meat exports rose 3% by volume and 14% by value, as revised trade agreements limited trade restrictions compared with a previous record U.S. bird flu outbreak in 2015.

Read the full article here

News Room June 3, 2023 June 3, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
President Trump delivers remarks at the House GOP member retreat

Watch full video on YouTube

Why Europe Is So Important To A Warner Bros. Discovery Deal

Watch full video on YouTube

Qorvo, Inc. (QRVO) Q3 2026 Earnings Call Transcript

FollowPlay Earnings CallPlay Earnings Call Qorvo, Inc. (QRVO) Q3 2026 Earnings Call…

Anthropic doubles VC fundraising to $20bn on surging investor demand

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

EU and India seal trade deal to slash €4bn of tariffs on bloc’s exports

Stay informed with free updatesSimply sign up to the EU trade myFT…

- Advertisement -
Ad imageAd image

You Might Also Like

Stocks

CPS reports solid 2023 performance, eyes future growth By Investing.com

By News Room
Stocks

Niu Technologies faces mixed results in Q4 2023 By Investing.com

By News Room
Stocks

Exagen Inc. reports strong 2023 revenue growth By Investing.com

By News Room
Stocks

Legacy Housing reports mixed results amid sales decline By Investing.com

By News Room
Stocks

Harmony Biosciences exec sells over $383k in stock By Investing.com

By News Room
Stocks

Biofrontera posts record revenue and outlines growth plans By Investing.com

By News Room
Stocks

Granite Ridge CFO buys $31,000 in company stock By Investing.com

By News Room
Stocks

Coliseum Capital Management buys MasterCraft Boat shares worth over $3.2m By Investing.com

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?