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Russia Looks to Brazil for Beef Imports

07 May 2009
Meat & Livestock Australia

RUSSIA - Russia is currently reviewing its import quota, particularly the large portion the EU has been unable to fill so far this year. Brazil is expected to be allocated a share of this unused quota, reports Meat and Livestock Australia.

In exchange, the Brazilian Ministry of Agriculture is negotiating an agreement with the Brazilian wheat milling industry to increase Russian wheat imports (with a possible drop in the 10 per cent import tariff) as Argentina’s wheat output, which typically meets for a large portion of Brazil’s wheat demand, has slumped this year due to severe drought (AgraEurope).

In addition, the Brazilian government is negotiating its support for Russia’s access to the World Trade Organization in exchange for better meat access in that market (Beefpoint).

Brazil’s aim is that Russia will set open beef import quotas, as opposed to the current country/region restricted quotas, which would favour large, competitive suppliers like Brazil.

TheCattleSite News Desk



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