Amid shaky Brazilian business confidence, the country’s agriculture and livestock minister is trumpeting the near completion of dozens of contracts worth nearly $2 billion with importers in 14 countries.
Roughly $800 million of the contracts will be for 190,000 metric tons of beef, equating to about 18,000 twenty-foot equivalent units. Santos, the largest Latin American container port, is poised to gain the largest share of the export business, followed by the Tecon Rio Grande facility, operated by Wilson, Sons, at the port of Rio Grande.
It’s not just beef exports that look promising, minister Kátia Abreu told journalists in Brasilia. China is opening up its market to Brazilian dairy produce for the first time and this would open up a raft of opportunities for the country’s dairy exporters, she said.
