Wednesday, November 29, 2017

Minerva expects Brazil to resume beef exports to the United States in the 1st Qtr of 2018

SAO PAULO-the brazilian meat processor Minerva expects Brazil to resume beef exports to the United States in the first quarter of 2018, based on queries to the Ministry of agriculture, said on Tuesday the Chief Executive of the company, Fernando Galletti.
He said reporters that the situation the embargo by Russia to Brazilian meat was unchanged and the Government was working to remove it "soon".
For the three plants for slaughter acquired and closed at JBS Argentina, Galletti said there is no deadline for a re-opening, but it will not affect the projection of annual net revenue of 13 billion to 14.4 billion reais.
DCI – 28/11/2017
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