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Sunday, April 2, 2023

Minerva will cover Brazilian meat exports to China from Uruguay

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This was announced by the company, which is the largest exporter of beef in South Americathrough his official account of Twitter.

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Since the recent acquisition of Refrigerator Breeders and Packers Uruguay (BPU)for 40 million dollars, Minerva has four refrigeration plants in the country —Carrasco Refrigerator, Pul and Cannelloni, in addition to the BPU in Peach- and capacity to slaughter 3,700 heads per day.


Prices in China skyrocketed

Also, due to the lower supply caused by the suspension of Brazil for the export of red meat, meat prices rose in the Chinese local market. In this way, the value of the product that was already in stock increased against the possibility that it may take a while until there are new products from Brazil in China again.

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Although the incidence of this behavior in Uruguayan products cannot yet be observed, it is expected that in the coming days a upward trend in all meats in generalwhich would favor local producers who could place their products abroad at better prices.

This was also a reason for the nationalist senator, Sebastián Da Silva, to celebrate the appearance of the mad cow case in Brazil on his social networks, understanding it as a great opportunity for the Uruguayan livestock market.

Source: Ambito

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