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Brazil Recorded Decline in Exports in March

  

Apr 19, 2017

    

Reuters posted export volume and prices for Brazil covering March, reflecting the impact of the inspection scandal.  The value of chicken exports rose 12 percent to $571 million on export volume which declined by 7 percent.

Officials maintain that exports are returning to pre-scandal levels as the Department of Agriculture has reassured large importing nations of the integrity of the inspection system in Brazil.

  

The E.U. has called for independent scrutiny over the meat industry in Brazil and has indicated that more stringent inspection will continue for the immediate term.

Federal police have accused almost 100 inspectors and other officials of receiving bribes in exchange for leniency with respect to condemnation, falsification of documentation and dereliction of duty.  Prosecutors have yet to follow up on police allegations with formal indictments.

  
  
 








 
 
Copyright 2017 Simon M. Shane