The European Commission has confirmed that key beef exporters Brazil, Argentina and Uruguay will be excluded from the European Union’s future GSP low import duty regime for emerging markets, as they are now too rich to benefit.
Argentina has a long tradition when it comes to producing high-quality beef, but the internal and external dynamics within the industry are still subject to ongoing change. This presents both challenges and threats to the future development of the sector.
Cattle prices have started to come down as a result of weaker demand, but global supplies remain short, and prices are likely to rise again in the near future, according to the recently published Rabobank Beef Quarterly report.
Brazil and Argentina will face increased competition on the international poultry market now that the EU has announced it would lift its bird flu-related ban on raw chicken from Thailand on 1 July 2012, a report has said.
Russia is considering banning all meat imports from Brazil and Argentina, due to their poor monitoring of quality compliance, the country’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) has said.