Brazil-Exports of beef to Indonesia.

INDONESIA OPEN FOR BEEF.

The state visit by the President of Indonesia to Brazil, has paid enormous dividends to the Brazilian beef industry.

President Yudhoyono and his Minister of Agriculture Anton, have agreed after two years of long and at times what appeared futile negotiations, a deal has been struck.

Beef exports are going to resume forthwith, and there is going to be a trade in crude palm oil from Indonesia to Brazil.

The deal is conditional in the initial stages, that beef comes from one state, it will also be beef from the farms that have been approved by the European Union.

There has been an intense anti Brazilian campaign, lobbied by Australian beef exporters in Indonesia in recent months, however the decision cannot come from any higher than the President himself.

Minister Anton, denied the current rumors that Brazilian beef is unsafe and more expensive than Australian beef, saying "this is not the case and we are happy with the health measures currently in place in Brazil".

The timing could not be better for Brazil, with the current downturn in the Russian and European markets.