SAO PAULO: Brazilian soy exports to China will definitely decline this year as African swine fever in the world's No. 2 economy cuts demand for the animal feed, but potential growth in meat exports would offset this, Brazil's agriculture minister said on Monday.
"We are going to sell our protein at US$2,000 a ton, be it chicken, beef or pork," said Dias after meeting with industry stakeholders at the headquarters of the Brazilian Association of Animal Protein ."It will certainly reduce our soy exports, but we will add value."Dias said she will defend Brazilian soy exports with Chinese officials, who are in talks with the United States to end a trade war that began last year.U.S.
Source: Financial Digest (financialdigest.net)
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