Brazil suspends beef exports to China due to mad cow case: exporter [Reuters]
MINERVA SA S/ADR (MRVSY)
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Source: Reuters
Brazil suspends beef exports to China due to mad cow case: exporter - Reuters 2 Min Read SAO PAULO (Reuters) - Brazilian exporters selling beef to China face a temporary ban on shipments as Brazil deals with an atypical case of mad cow disease in Mato Grosso state, a representative of a leading exporter told Reuters on Monday on condition of anonymity. Beef exporters were formally told by the government that, as of Monday morning, issuance of international health certificates was suspended to comply with provisions of a bilateral health protocol signed by Brazil and China. Listed Brazilian meatpackers including Minerva SA fell by almost 5% in late afternoon trading. JBS SA , and Marfrig Global Foods each dropped by about 3%. The source said the bilateral protocol foresees preemptive measures in cases such as occurrence of bovine spongiform encephalopathy (BSE), as mad cow disease in known, whether or not it manifests itself in classic form. After the atypical case was reported in Braz
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