The fourth-largest beef company in Brazil, Minerva SA, expects to resume exporting fresh beef to American in the first quarter of next year.
A Reuters report says Minerva Chief Executive Fernando Galletti made the announcement to local media this week, saying he believes it because of his company’s communication with the government.
Galletti says, “That’s the expectation we are hearing from the agriculture ministry.” The ministry didn’t respond to a Reuters request for comment.
USDA originally halted Brazilian beef imports in June of this year after a large part of Brazilian shipments didn’t pass safety inspections. USDA said at that time that the ban would stay in place until the Brazilian Agriculture Ministry took action to correct problems with their exports.
The Brazilian beef industry received another blow last week when Russia placed a ban on both beef and pork imports. The ban means Minerva will have to supply Russia with beef and pork exports from plants outside of Brazil. Even as exports are potentially set to resume to the U.S. next year, Galletti says the situation with Russia remains unchanged.
From the National Association of Farm Broadcasting News Service.