31.05.2017
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In March, Brazil was affected by a tainted meat scandal. Sanitary inspectors were corrupted by influent Brazilian meat producers, who had certified the meat was safe for human consumption. Many countries instantly closed their borders to Brazilian meat exports. These countries included China, one of the major markets for Brazil. After negotiation, exportations resumed with just one restriction: any meat from the 21 transformation companies which were source of the scandal is still not to be exported.
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Vietnam (4 million sows) is currently under pressure from the Chinese and their pork sales in China are dropping drastically. Despite a quite high price for pork compared to other countries, the production costs for Vietnam are too heavy, and Vietnamese swine producers are facing economic losses.
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In Russia, swine production is very profitable (Production cost is 65 roubles per kg VS a sales price of 105 roubles per kg. Russia now wishes to develop its exports, but first needs to settle its ASF (African Swine Fever) cases coming from family farms.
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The Spanish market keeps developing its exports, including in China, which is Spain’s major market. Mexico would also be interested in importing meat from Spain.
