Russia | Russia May Re-authorize Meat Imports From Brazil | USMEF has learne...
Russia
Russia May Re-authorize Meat Imports From Brazil
USMEF has learned that the Russian veterinary service, Rosselkhoznadzor, has informed the Brazilian authorities that it intends to re-authorize beef and pork imports effective December 1 from key Brazilian meat producing states, including Mato Grosso do Sul and Parana. Russian veterinarians would most likely re-inspect Brazilian facilities in 2008.
Russian importers say beef prices might not be overly affected because of an expected fall in Brazilian slaughtering for the end of this year. Additionally, the depreciation of the U.S. dollar compared to the Brazilian real is not helping Brazilian exports. However the new agreement would allow all Brazilian meat to be used for direct retail sale in Russia, a considerable advantage compared to today where most meat is destined only for further processing.
“The easing of restrictions would make the process of supplying beef to Russia simpler for Brazilian exporters,” said John Brook, USMEF Regional Director for Europe, Russia, and the Middle East. “For pork, Russia’s decision would come at the same time as the European Union (EU) announces the reintroduction of export subsidies, so prices are likely to ease as exporters are expected to pass on the export subsidies in lower sales prices to buyers in Russia and other markets.”
Despite its ban on imports from major producing regions in Brazil Russia imported over 256,000 metric tons or 60 percent of its beef from Brazil during the first half of this year. This represents a 180 percent increase compared to the same period in 2006. Through June, Russia’s total beef imports increased by nearly 60 percent, totaling more than 412,000 metric tons (mt). Meanwhile, Russia’s pork imports remained steady, at 378,444 mt, but imports from Brazil increased by 60 percent to 145,906 mt. Imports from the EU-25 decreased by 24 percent, but the EU-25 and Brazil each comprise about 40 percent of Russia’s total pork imports. According to Russian import statistics, the United States and Canada each have about 10 percent market share, with imports from the United States at 40,641 mt and Canada at 38,386 mt through June.
Russia
Russia May Re-authorize Meat Imports From Brazil
USMEF has learned that the Russian veterinary service, Rosselkhoznadzor, has informed the Brazilian authorities that it intends to re-authorize beef and pork imports effective December 1 from key Brazilian meat producing states, including Mato Grosso do Sul and Parana. Russian veterinarians would most likely re-inspect Brazilian facilities in 2008.
Russian importers say beef prices might not be overly affected because of an expected fall in Brazilian slaughtering for the end of this year. Additionally, the depreciation of the U.S. dollar compared to the Brazilian real is not helping Brazilian exports. However the new agreement would allow all Brazilian meat to be used for direct retail sale in Russia, a considerable advantage compared to today where most meat is destined only for further processing.
“The easing of restrictions would make the process of supplying beef to Russia simpler for Brazilian exporters,” said John Brook, USMEF Regional Director for Europe, Russia, and the Middle East. “For pork, Russia’s decision would come at the same time as the European Union (EU) announces the reintroduction of export subsidies, so prices are likely to ease as exporters are expected to pass on the export subsidies in lower sales prices to buyers in Russia and other markets.”
Despite its ban on imports from major producing regions in Brazil Russia imported over 256,000 metric tons or 60 percent of its beef from Brazil during the first half of this year. This represents a 180 percent increase compared to the same period in 2006. Through June, Russia’s total beef imports increased by nearly 60 percent, totaling more than 412,000 metric tons (mt). Meanwhile, Russia’s pork imports remained steady, at 378,444 mt, but imports from Brazil increased by 60 percent to 145,906 mt. Imports from the EU-25 decreased by 24 percent, but the EU-25 and Brazil each comprise about 40 percent of Russia’s total pork imports. According to Russian import statistics, the United States and Canada each have about 10 percent market share, with imports from the United States at 40,641 mt and Canada at 38,386 mt through June.