15.
11.18
11:57

Brazil wants to export more agricultural goods - Bolsonaro's policy unsettled

A spokesperson for the Brazilian Ministry of Agriculture told Reuters yesterday that soybean production in the country is continuing to increase and that China can continue to be served so well. However, he hopes that China will decrease more soybean meal, as oil mills in the country are suffering from fierce competition in the procurement of beans and a difficult sales of soybean meal.
China has recently limited imports of genetically modified organisms (GMOs) and there is no indication that this behavior will change soon. This also applies to the import of soybean meal, because Brazil's soybeans are predominantly GMO varieties.
However, new President Bolsonaro, to be introduced in January, contributes with his critical remarks on China's aggressive expansionist policies and its propaganda against Muslims, which could limit Brazil's agar exports.

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