UPDATE 2-Minerva able to supply China despite Brazil beef ban, shares rise


Source: agriculture.com agriculture.com

Key Topics in this News Article:

News Snapshot:

(Adds share price reaction, minister's meeting with Chinese ambassador, consultant's comment) By Gabriel Araujo and Ana Mano SAO PAULO, Feb 23 (Reuters) - Brazilian meatpacker Minerva SA said on Thursday it will be able to continue supplying China with beef despite a self-imposed ban on Brazilian exports due to a case of mad cow disease. Minerva said in a statement it does not expect the temporary halting of exports to affect its business as it can export beef from three plants in Uruguay and another in Argentina. The self-imposed ban was triggered by a sanitary agreement signed between Brazil, China's...