Good morning! Today, Brazilian beef ban finally scrapped in China. Latest opinion polls show an even more favorable scenario for ex-President Lula. Services the latest sector to struggle as Q4 gets off to a bad start.
China lifts ban on Brazilian beef
Brazil’s Agriculture Ministry announced the end of China’s 102-day ban on Brazilian beef products. The restrictions were put in place after two atypical cases of mad cow disease in Mato Grosso and Minas Gerais.
Why it matters. China accounted for 45 percent of Brazil’s beef exports between January and November of this year. After the ban was...