Brazil’s Beef Exporters Expecting Dramatic Fall in Sales Due to Foot and Mouth Disease

Brazilian beef exports will have a hard time fulfilling this year’s target of US$ 3 billion, in consequence of the crisis caused by the outbreak of hoof and mouth disease in the country.

This assessment was made by the executive director of the Brazilian Association of Meat Export Industries (Abiec), Antonio Jorge Camardelli.

Camardelli revealed that exporters are forecasting that foreign sales contracted this month will be 30% less than in September. This reduction is expected to intensify in November, attaining "at least" 40%.

The Abiec executive director said that November should be the most critical month for the beef export sector. Nevertheless, he believes that, based on the joint efforts that are being undertaken by the private sector and the government, an export recovery can begin as early as December.

Data from the Ministry of Industry, Development, and Foreign Trade show that exports of fresh beef in September registered revenues of US$ 210 million.

This result was 18% lower than in August of this year but 8.8% higher than in September, 2004. Between January and September of this year, Brazilian beef exports earned a total of US$ 1.9 billion.

ABr

Tags:

You May Also Like

US Delegation for Inauguration of Brazil’s New President to Be Headed by Hillary Clinton

Hillary Clinton, the US secretary of State will head the United States delegation to ...

Ricardo Cravo Albin's book on MPB

Brazilian Popular Music, a Bird of a Thousand Voices

A few months ago while performing in the New York area, I encountered an ...

19 Years Later, Brazilian Jury Acquits Defendant on Missionary Death

The seven jurors of the second trial related to the murder of Cimi’s  (Indianist ...

‘Pig-Headed’ Brazil’s Lula Talks to Bush, Says World Will Still Get Trade Accord

The President of Brazil, Luiz Inácio Lula da Silva says that he believes the ...

US Recession Won’t Reach Copacabana Beach, Says Brazilian Minister

Thanks to a high global demand for agricultural products, ethanol and iron ore and ...

FTAA: Brazil’s Poison Pill – Final Part

The successful policy against AIDS implemented in Brazil will be put in jeopardy if ...

Brazilians Buy 15% More Christmas Gifts

A survey conducted by the Brazilian Association of Shopping Center Store Owners (Alshop) indicates ...

A Brazilian Answer

I have witnessed the good side of globalization. It was hard to hide my ...

80% of Brazilians Favor Free Morning-After Pills

Brazilians approve the government’s family planning policy, launched by the Ministry of Health in ...

After Decades of Neglect Brazil Starts Studies for 150 New Technical Schools

More than 150 technical schools will start being implemented in Brazil, starting January 2008. ...