In this file:
· Brazil preparing for end of U.S.-China trade war, mulls response
Brazil is conducting studies on how it could be impacted by the end of the trade dispute between China and the United States, which could help Latin America’s largest economy to formulate a response…
· Brazil eyes re-opening US market for beef
… The US has been hesitant to engage in meat trade with Brazil following recent turbulence in the country’s industry, including the rotten meat scandal and widespread corruption…
Brazil preparing for end of U.S.-China trade war, mulls response
via KTIC (NE) - March 13, 2019
BRASILIA, March 13 (Reuters) – Brazil is conducting studies on how it could be impacted by the end of the trade dispute between China and the United States, which could help Latin America’s largest economy to formulate a response if it disrupts soy exports, agriculture officials told Reuters.
U.S. Trade Representative Robert Lighthizer said on Tuesday that negotiations are entering their final weeks on a possible accord, that could see China remove a 25 percent tariff on U.S. soy that upended global farm trade and shifted demand toward Brazil.
Regardless of a potential Sino-American resolution, Brazil does not have the soy supply this year to match last year’s China-driven spike in exports, said Eduardo Sampaio Marques, the Agriculture Ministry’s policy secretary who oversees market analysis and subsidy programs.
“It is very difficult to repeat last year’s numbers,” he said by phone.
Brazil had record-high production in the 2017-18 crop year and on top of that drew down the vast majority of its soy stocks for exports to China, which sought to replace U.S. soy amid the trade war.
This year, output is lower and the country does not have inventory to redirect to exports, he added.
Lower Brazilian supplies make it more likely China will need to buy soybeans from the United States, where record stocks are piling up in storage.
China in July imposed a 25 percent tariff on U.S. imports, including soybeans, in retaliation for Washington’s duties on Chinese goods.
The shift in supplies is reflected in agriculture statistics agency Conab cutting its January forecast for soy exports by 5 million tonnes to 70 million tonnes of the oilseed as of March, compared to exports of 83.6 million tonnes in 2018.
Brazil is watching and preparing for the potential end of the trade war, according to Orlando Leite Ribeiro, farm trade secretary.
“We are paying attention to the negotiations, and we are preparing studies to confirm the impact on Brazil in the short and medium term,” Ribeiro said.
The government is talking to affected sectors, including the soy industry, but they have not called for the government to take any specific action, he noted.
Based on the results of the studies, it is possible the government could...
Brazil eyes re-opening US market for beef
By Ashley Williams, GlobalMeatNews
Brazil’s Ministry of Agriculture, Livestock and Food Supply (MAPA) has revealed it will travel to the US to discuss re-opening the market for Brazilian beef.
Brazil’s agriculture minister Tereza Cristina will travel to the US next week, along with the Brazilian President Jair Bolsonaro, to discuss a number of issues regarding trade and exports.
The US has been hesitant to engage in meat trade with Brazil following recent turbulence in the country’s industry, including the rotten meat scandal and widespread corruption.
However, Cristina said that Brazil had fulfilled all the demands made by the US regarding the quality of Brazilian products and was ready to start exports to the country.
The minister added that it would also be willing to invite US officials to conduct a mission to Brazil to ensure it certified compliance with the requirements.
As well as re-opening the beef market, Cristina will also be discussing the possibility of opening the market for pork exports...