Vietnam

Brazil to deliver another livestock shipment to Vietnam

Livestock

Last month, a shipment of 14,000 head of cattle for slaughter was sent to the SE Asian country.

Posted on Oct 19 ,12:34

Brazil to deliver another livestock shipment to Vietnam

Despite the long distance between Brazil and Vietnam, the first livestock shipment from the South American country has arrived last month in the port of Thi Vai. Another shipment is expected to take place in December and that raises worries among Australian cattle exporters. Australia was the only supplier of live cattle in the Vietnamese market but Brazil looks like a strong competitor, with cheaper prices put on its cattle herds. That will surely reduce the level of livestock exports in the SE Asia region for Australian cattle breeders, although there is no reason to believe that Brazil will soon surpass Australia's market share in Vietnam.
On one hand, Australian cattle have the highest animal health standards in the world and closer and geographic proximity to Vietnam. On the other hand, Vietnamese cattle importers may look for alternatives in livestock supply so they do not rely solely on Australia. According to the owner of the ship that delivered the first batch of Brazilian cattle to Vietnam, the mortality rate for the first shipmen was 30 head or 0.25% of the cargo. He also mentioned that the contract between the parties involves a total of 60,000 cattle head, which are to arrive until 2022.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

USA

EU sheepmeat is ready to enter the US market

US authorities decided to scrap a ban placed more than 25 years ago on EU sheepmeat. Some of the ...


Read more Read more
Vietnam

Vietnam lowers tariff on US pork imports

Vietnam announced it will lower its Most Favored Nation (MFN) tariff on imported frozen pork to 1...


Read more Read more
International

Organic poultry market poised for growth

According to The Business Research Company’s research report on the organic poultry market,...


Read more Read more
Websolutions by Angular Software and SpiderClass