The associations ABPA and Abiec requested that the Brazilian government include the meat export sector in the support credit lines of the Plano Brasil Soberano, recently expanded with R$ 15 billion to mitigate the impacts of the war in the Middle East, according to Globo Rural.
Currently, meat exporters are not among the eligible sectors, despite Brazil being a global leader in beef and poultry exports and the Middle East representing a key region for sales. The conflict has affected strategic shipping routes such as the Strait of Hormuz and the Suez Canal.
According to the associations, logistical diversions have increased transit times by 10 to 15 days and raised freight, insurance and container handling costs, impacting companies’ working capital.
Given this scenario, the sector is seeking access to financing in order to maintain liquidity and avoid operational disruptions, especially among small and medium-sized agribusiness companies.
