Meat

Brazil poised to get EU nod for more chicken exporting plants, minister says

Mar, 21, 2024 Posted by Gabriel Malheiros

Week 202412

Brazil could soon get approval to sell more meat products to the European Union, the South American nation’s Agriculture Minister Carlos Favaro said on Wednesday. Favaro’s remarks were made during a visit to one of BRF SA’s chicken plants in Mato Grosso state, which he said received a green light to export products to the United Kingdom.

“We have set foot back in Europe,” the minister said in an official podcast. “To sell to the United Kingdom today and in a few days we will sell to the entire European Union.”

In 2018, the EU suspended imports from 20 Brazilian meat plants, mostly poultry producers.

The following chart uses DataLiner data to dig into Brazil’s poultry exports to the EU in containers between January 2022 and January 2024.

Poultry Exports to the EU | Jan 2022 – Jan 2024 | TEU

Source: DataLiner (click here to request a demo)

The ban dealt a blow to Brazil’s largest chicken processor, BRF, which had 12 plants delisted by the EU after its involvement in a food safety investigation.

Exports from delisted plants remain suspended, according to meat lobby ABPA. But the EU has sent a mission to Brazil and companies are awaiting its results, which could reverse the bans, ABPA said.

The EU is currently Brazil’s sixth largest chicken export destination, ABPA said.

Favaro said BRF’s Lucas do Rio Verde plant also has been cleared to resume exports to China after a suspension that had been in effect since 2016.

Brazil is the world’s biggest meat exporter and accounts for almost 40% of global chicken meat supplies, according to trade data. Last year, Brazil exported 316,000 metric tons of chicken products to the EU, trade data shows.

(Reporting by Ana Mano and Roberto Samora)

Source: Yahoo! Finance

Click here to read the original news article: https://au.finance.yahoo.com/news/brazil-poised-eu-nod-more-160638501.html

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