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 .Dias will head to China in May on an official visit, with stopovers in Japan, Vietnam and Indonesia.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.
No agreement between the world's two largest economies has been formally closed, but the United States holds large stocks of soybeans and has already sent some lots to China as tensions have eased slightly. "Brazil has to go there and show: 'We are here, we have always been good partners, we deliver what we commit, we are trustworthy,'" Dias said.
Source: Financial Digest (financialdigest.net)
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