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Brazil has opened its market to exports of beef and bone meal to Peru, worth about US$30 million with potential for growth. The market access follows negotiations that began in 2016 and was finalized with Peru's approval of the International Health Certificate.
Brazil opened 75 new foreign markets for agricultural products in 2023.
New export access for Brazilian MBM adds a modest outlet for Brazilian supply, which is small relative to global flows. The effect on feed prices is minimal.
tridge.comVictor LangatDec 13, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
