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Brazil beef exports to grow less than expected after food scandal
August 24, 2017 / 7:10 PM / a month ago

Brazil beef exports to grow less than expected after food scandal

SAO PAULO, Aug 24 (Reuters) - Brazil’s beef exports are expected to rise by an annual 10 percent to 1.5 million tonnes this year, according to Maurício Nogueira, cattle analyst at Agroconsult, who presented a new estimate after speaking to cattle growers in 11 states.

At the start of the three-month survey, Agroconsult expected beef exports to rise by 20 percent. However, a food safety scandal in the first quarter that disrupted operations of Brazil’s largest meatpackers lowered export forecasts, he said. (Reporting by Ana Mano; Editing by Marguerita Choy)

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