China, Brazil's largest beef importer by sales, spent $1.5 billion
on Brazilian beef last year, totaling 322,400 tonnes or almost 20%
of all shipments, according to local beef exporters association
Abiec.
A representative of a leading exporter told Reuters on condition of
anonymity that the ban was enforced as of Monday morning, when the
government formally halted issuance of international health
certificates.
A ministry spokeswoman said the move stemmed from a bilateral health
protocol signed by the two countries in 2015.
Listed Brazilian meatpackers including Minerva SA fell by 4%. JBS SA
and Marfrig Global Foods each had dropped by 3% by the end of the
business day.
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The Brazilian agriculture ministry on Friday reported the case of
atypical mad cow disease in a 17-year-old cow in Mato Grosso state.
The case was considered "atypical" as the animal contracted the BSE
protein spontaneously, rather than through the feed supply.
The ministry spokeswoman said on Monday that Brazil expects the
suspension to be lifted quickly as the country is still considered
free of mad cow disease by the World Organization for Animal Health.
(Reporting by Ana Mano; Editing by Cynthia Osterman, Tom Brown and
Sandra Maler)
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