The U.S. Department of Agriculture has suspended Brazilian beef imports due to “recurring” safety issues. That follows a broader scandal around Brazilian exports in March. Yet, U.S. imports of fresh beef from Brazil are minimal at just $16 million or 1.4% of the total in the past 12 months. The issue is whether other markets follow suit. China is the biggest risk – Brazil’s exports have increased to $764 million from zero before August 2015. The move from the USDA comes just as U.S. beef exports to China have restarted under the 100 day trade improvement program.
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