Latest news with #US10
West Australian
5 days ago
- Business
- West Australian
Businesses are finding a workaround for tariffs — and it's entirely legal
Businesses are finding a workaround to minimise the most significant hit from tariffs, using a decades-old piece of legislation known as the 'first sale rule'. Within US customs law, the first sale rule allows US importers to use the price of the first sale in a number of transactions to calculate customs duties. For instance, a Chinese manufacturer sells a T-shirt to a Hong Kong vendor for $US5. That Hong Kong vendor then sells the T-shirt to a US retailer for $US10. That US retailer then sells the T-shirt to consumers for $US40. Under the first sale rule, the US retailer can pay the import duty on the initial $US5 price of the good, rather than the vendor's inflated $US10, thus stripping out the cost associated with the middleman's profit. 'What the rules allow you to do is use that initial sales price from the factory to the vendor to determine the final duty price,' Brian Gleicher, senior lawyer and member at Miller & Chevalier Chartered, said. The first sale rule has been around since 1988, but gained renewed attention under US President Donald Trump's first administration and, now, during his latest tariff regime. 'When the first administration had 25 per cent tariffs [on China in 2018], that's when we started getting calls. Now with the new tariffs, the first sale rule has started coming up again,' Sid Paruthi, partner at US consulting firm Moss Adams, said. 'It's been around for a very long time but ... everybody's beginning to explore it with more interest,' Gleicher said. Here are the criteria businesses must fulfil to apply the rule: For some companies, that can be easier said than done. Typically, the default duty imposed by US customs is based on the import price of a good, putting the burden of proof on the importer to demonstrate the initial cost of that item. That may not always be something a vendor is willing to reveal. 'If you're an importer, you need to get that first sale price. You need to have the data,' Gleicher said. 'Vendors may not want to give that information.' Rich Taylor, a corporate business development consultant based in Chinese hub Ningbo who has been advising Fortune 500 companies on the first sale rule since Trump's first term, noted 'there has to be a level of trust between all parties' because of the risks involved. Nevertheless, the additional complexities can be worthwhile, given the potential cost savings. 'You [suppliers] are keeping your customer. You're showing them that you're trying to give them every tool to reduce their cost,' Taylor said. 'If you don't use it, then the end cost is going to go up. And if your competitor is using the [first sale] rule, then you're going to lose you that advantage over them.' Companies appear to be cluing into that. While the first sale rule is broadly applicable across products and industries, it is considered particularly useful in higher-value consumer goods and luxury products, where margins are greater. Last month, Italian luxury fashion brand Moncler flagged the first sale rule as providing 'significant benefit' to its cost structure. 'First cost [sale], of course, the industrial cost ... is much lower than the retail price, and it is about 50 per cent of the intercompany price. So, of course, it's a significant benefit,' Luciano Santel, executive director and chief corporate and supply officer at Moncler, told investors during an April 16 earnings call. Swiss-headquartered biotech Kuros Biosciences earlier this month said that it was altering its operations, which would allow it to adopt the first sale policy. 'What we will now do is we will switch in between Zurich as a wholesaler hub ... which in essence means we can adapt the so-called first sale method,' Daniel Geiger, chief financial officer of Swiss-headquartered biotech Kuros Biosciences, said during a May 13 earnings call. During first-quarter earnings calls, US BBQ-maker Traeger and manufacturing firm Fictiv also both cited first sale as 'supply chain mitigants' and means to 'minimise tariff and duty costs,' respectively. Use of the first sale rule, while perfectly legal, nevertheless could undermine the Trump administration's efforts to boost tariff revenue and boost onshoring of manufacturing. The White House did not respond to CNBC's request for comment on use of the first sale rule and its implications for tariff policy. US Customs and Border Protection said it could not provide data on the recent use of the first sale rule by importers. CNBC
The Age
7 days ago
- Business
- The Age
Could sharks hold the secret to cutting flight costs?
'We expect we'll have some initial results that look like they are performing better,' he said, but more testing is needed before they can be commercialised. Bilinsky, with a background in physics and law, didn't start looking for technology based specifically on microgrooves before he founded MicroTau in 2016. Applying for an open innovation challenge from the US Air Force, Bilinsky then consulted past work on drag reduction, and wondered if it could be adapted at the nanoscale, using photolithography machines, similar to those used in making microchips. The company uses photolithography machines to produce the film which is applied to the outside of planes. The concept of using microgrooves to cut drag in water has been around for some time. When the US won the America's Cup back from Australia in 1987, the hull of the American yacht, The Stars & Stripes, was coated with riblets, based on NASA research. The effect underwater and in the air is similar. Loading 'Drag is,' according to NASA, 'the aerodynamic force that opposes an aircraft's motion through the air.' It's the aerodynamic friction. Trimming this down saves on the energy used to overcome drag. The trick, Bilinsky says, is the 'scale' of the riblets needed to reduce drag on the plane: the tiny ribs must be microscopic for them to be effective. But the scale of the production of the riblets also must be large: hundreds of square meters of the material are needed to cover a single airplane. Importantly, the technology can be applied to existing planes, allowing large fleets to trim fuel costs. Based on current savings applied to current commercial fuel burn across the industry, it could save about $US8 billion ($12 billion) a year, and 40 billion tonnes of carbon. The US Air Force, for example, spends $US10 billion a year on jet fuel, saving a small per cent of that bill is worthwhile. But if MicroTau technology is widely adapted, it has potential to reduce fuel bills across commercial fleets too. Vueling is the economy airline owned by Spain-based International Airlines Group, parent company of British Airways, Iberia, and Aer Lingus among others. Microtau has worked with JetStar and partnered with Delta Airlines. Vueling is the first European airline customer of MicroTau's. Vueling director of sustainability Franc Sanmarti said the 'possibility of implementing MicroTau's cutting-edge technology across our aircraft once it is certified marks an important milestone in Vueling's journey toward a more sustainable aviation'. 'The original work was research done by NASA decades ago showing that if you could replicate these riblet type microstructures that you find on shark skin that it reduces friction drag,' said Bilinsky. 'There are decades of research behind that principle.' Australian made MicroTau is opening a larger production facility that can provide the covering for dozens of aircraft a year, with plans for a new factory next year, which will increase production. Asked about criticism that Australia is unfavourable for manufacturing, Bilinsky noted that the staff were 'highly skilled labour', the process doesn't involve a 'huge number of hands', Bilinsky said. Given the lightweight product, the cost of shipping is manageable. The company has support from the NSW and federal governments through grant programs. 'I think it is still unusual to do advanced manufacturing in Australia at least in terms of the start-up world,' Bilinsky said. 'I think there's more of that happening in other countries, but I think we're pretty bullish on doing this in the near term.' In the longer term, if MicroTau needed to massively ramp up production, it would be open to having manufacturing plants elsewhere. The company is backed by the Clean Energy Finance Corporation's Virescent Ventures.
Sydney Morning Herald
7 days ago
- Business
- Sydney Morning Herald
Could sharks hold the secret to cutting flight costs?
'We expect we'll have some initial results that look like they are performing better,' he said, but more testing is needed before they can be commercialised. Bilinsky, with a background in physics and law, didn't start looking for technology based specifically on microgrooves before he founded MicroTau in 2016. Applying for an open innovation challenge from the US Air Force, Bilinsky then consulted past work on drag reduction, and wondered if it could be adapted at the nanoscale, using photolithography machines, similar to those used in making microchips. The company uses photolithography machines to produce the film which is applied to the outside of planes. The concept of using microgrooves to cut drag in water has been around for some time. When the US won the America's Cup back from Australia in 1987, the hull of the American yacht, The Stars & Stripes, was coated with riblets, based on NASA research. The effect underwater and in the air is similar. Loading 'Drag is,' according to NASA, 'the aerodynamic force that opposes an aircraft's motion through the air.' It's the aerodynamic friction. Trimming this down saves on the energy used to overcome drag. The trick, Bilinsky says, is the 'scale' of the riblets needed to reduce drag on the plane: the tiny ribs must be microscopic for them to be effective. But the scale of the production of the riblets also must be large: hundreds of square meters of the material are needed to cover a single airplane. Importantly, the technology can be applied to existing planes, allowing large fleets to trim fuel costs. Based on current savings applied to current commercial fuel burn across the industry, it could save about $US8 billion ($12 billion) a year, and 40 billion tonnes of carbon. The US Air Force, for example, spends $US10 billion a year on jet fuel, saving a small per cent of that bill is worthwhile. But if MicroTau technology is widely adapted, it has potential to reduce fuel bills across commercial fleets too. Vueling is the economy airline owned by Spain-based International Airlines Group, parent company of British Airways, Iberia, and Aer Lingus among others. Microtau has worked with JetStar and partnered with Delta Airlines. Vueling is the first European airline customer of MicroTau's. Vueling director of sustainability Franc Sanmarti said the 'possibility of implementing MicroTau's cutting-edge technology across our aircraft once it is certified marks an important milestone in Vueling's journey toward a more sustainable aviation'. 'The original work was research done by NASA decades ago showing that if you could replicate these riblet type microstructures that you find on shark skin that it reduces friction drag,' said Bilinsky. 'There are decades of research behind that principle.' Australian made MicroTau is opening a larger production facility that can provide the covering for dozens of aircraft a year, with plans for a new factory next year, which will increase production. Asked about criticism that Australia is unfavourable for manufacturing, Bilinsky noted that the staff were 'highly skilled labour', the process doesn't involve a 'huge number of hands', Bilinsky said. Given the lightweight product, the cost of shipping is manageable. The company has support from the NSW and federal governments through grant programs. 'I think it is still unusual to do advanced manufacturing in Australia at least in terms of the start-up world,' Bilinsky said. 'I think there's more of that happening in other countries, but I think we're pretty bullish on doing this in the near term.' In the longer term, if MicroTau needed to massively ramp up production, it would be open to having manufacturing plants elsewhere. The company is backed by the Clean Energy Finance Corporation's Virescent Ventures.
The Advertiser
16-05-2025
- Business
- The Advertiser
Bird flu hits world's largest poultry exporter Brazil
Brazil, the world's largest chicken exporter, has confirmed its first outbreak of bird flu on a poultry farm, triggering a country-wide trade ban from China and state-wide restrictions for other major consumers. The outbreak in southern Brazil was identified at a farm supplying Vibra Foods, a Brazilian operation backed by Tyson Foods, according to two people familiar with the matter. Vibra and Tyson did not immediately respond to questions. Vibra has 15 processing plants in Brazil and exports to more than 60 countries, according to its website. Brazil exported $US10 billion ($A16 billion) of chicken meat in 2024, accounting for about 35 per cent of global trade. Much of that came from meat processors BRF and JBS, which ship to 150 countries. China, Japan, Saudi Arabia and the United Arab Emirates are among the main destinations for Brazil's chicken exports. Brazil's Agriculture Minister Carlos Favaro said on Friday China had banned poultry imports from the country for 60 days. Under agreements with Japan, the UAE and Saudi Arabia, he said a trade ban would only restrict shipments from the affected state and, eventually, just the municipality in question. The outbreak occurred in the city of Montenegro in Brazil's southernmost state of Rio Grande do Sul, the farm ministry said. The state accounts for 15 per cent of Brazilian poultry production and exports, pork and poultry group ABPA said in July 2024. BRF has five processing plants operating in the state. JBS has also invested in local chicken processing plants under its Seara brand. State officials said the outbreak of H5N1 bird flu is already responsible for the death of 17,000 farm chickens, either directly from the disease or due to cautionary culling. Veterinary officials are isolating the area of the outbreak in Montenegro and hunting for more cases in an initial 10km radius, the state agricultural secretariat said. Favaro, the farm minister, said Brazil was working to contain the outbreak and negotiate a loosening of trade restrictions faster than the two months agreed in protocols. "If we manage to eliminate the outbreak, we think it's possible to re-establish a normal trade flow before the 60 days are up, including with China," Favaro said in an interview aired on CNN Brasil. Chicken products shipped by Thursday will not be affected by trade restrictions, he added. The ministry said in a statement that it was officially notifying the World Organisation for Animal Health. Bird flu has swept through the US poultry industry since 2022, killing about 170 million chickens, turkeys and other birds, severely affecting production of meat and eggs. Bird flu has also infected nearly 70 people in the US, with one death, since 2024. Most of those infections have been among farm workers exposed to infected poultry or cows. The further spread of the disease raises the risk that bird flu could become more transmissible to humans. By contrast, Argentina was able to isolate a February 2023 outbreak and start resuming exports slowly the next month. "All necessary measures to control the situation were quickly adopted, and the situation is under control and being monitored by government agencies," Brazil's poultry industry group ABPA said in a statement. JBS referred questions about the outbreak to ABPA. BRF CEO Miguel Gularte told analysts on an earnings call that he was confident Brazilian health protocols were robust and the situation would be quickly overcome. Brazil, which exported more than five million metric tonnes of chicken products last year, first confirmed outbreaks of the highly pathogenic avian flu among wild birds in May 2023 in at least seven states. The disease is not transmitted through the consumption of poultry meat or eggs, the Agriculture Ministry said. "The Brazilian and world population can rest assured about the safety of inspected products, and there are no restrictions on their consumption," the ministry said. Brazil, the world's largest chicken exporter, has confirmed its first outbreak of bird flu on a poultry farm, triggering a country-wide trade ban from China and state-wide restrictions for other major consumers. The outbreak in southern Brazil was identified at a farm supplying Vibra Foods, a Brazilian operation backed by Tyson Foods, according to two people familiar with the matter. Vibra and Tyson did not immediately respond to questions. Vibra has 15 processing plants in Brazil and exports to more than 60 countries, according to its website. Brazil exported $US10 billion ($A16 billion) of chicken meat in 2024, accounting for about 35 per cent of global trade. Much of that came from meat processors BRF and JBS, which ship to 150 countries. China, Japan, Saudi Arabia and the United Arab Emirates are among the main destinations for Brazil's chicken exports. Brazil's Agriculture Minister Carlos Favaro said on Friday China had banned poultry imports from the country for 60 days. Under agreements with Japan, the UAE and Saudi Arabia, he said a trade ban would only restrict shipments from the affected state and, eventually, just the municipality in question. The outbreak occurred in the city of Montenegro in Brazil's southernmost state of Rio Grande do Sul, the farm ministry said. The state accounts for 15 per cent of Brazilian poultry production and exports, pork and poultry group ABPA said in July 2024. BRF has five processing plants operating in the state. JBS has also invested in local chicken processing plants under its Seara brand. State officials said the outbreak of H5N1 bird flu is already responsible for the death of 17,000 farm chickens, either directly from the disease or due to cautionary culling. Veterinary officials are isolating the area of the outbreak in Montenegro and hunting for more cases in an initial 10km radius, the state agricultural secretariat said. Favaro, the farm minister, said Brazil was working to contain the outbreak and negotiate a loosening of trade restrictions faster than the two months agreed in protocols. "If we manage to eliminate the outbreak, we think it's possible to re-establish a normal trade flow before the 60 days are up, including with China," Favaro said in an interview aired on CNN Brasil. Chicken products shipped by Thursday will not be affected by trade restrictions, he added. The ministry said in a statement that it was officially notifying the World Organisation for Animal Health. Bird flu has swept through the US poultry industry since 2022, killing about 170 million chickens, turkeys and other birds, severely affecting production of meat and eggs. Bird flu has also infected nearly 70 people in the US, with one death, since 2024. Most of those infections have been among farm workers exposed to infected poultry or cows. The further spread of the disease raises the risk that bird flu could become more transmissible to humans. By contrast, Argentina was able to isolate a February 2023 outbreak and start resuming exports slowly the next month. "All necessary measures to control the situation were quickly adopted, and the situation is under control and being monitored by government agencies," Brazil's poultry industry group ABPA said in a statement. JBS referred questions about the outbreak to ABPA. BRF CEO Miguel Gularte told analysts on an earnings call that he was confident Brazilian health protocols were robust and the situation would be quickly overcome. Brazil, which exported more than five million metric tonnes of chicken products last year, first confirmed outbreaks of the highly pathogenic avian flu among wild birds in May 2023 in at least seven states. The disease is not transmitted through the consumption of poultry meat or eggs, the Agriculture Ministry said. "The Brazilian and world population can rest assured about the safety of inspected products, and there are no restrictions on their consumption," the ministry said. Brazil, the world's largest chicken exporter, has confirmed its first outbreak of bird flu on a poultry farm, triggering a country-wide trade ban from China and state-wide restrictions for other major consumers. The outbreak in southern Brazil was identified at a farm supplying Vibra Foods, a Brazilian operation backed by Tyson Foods, according to two people familiar with the matter. Vibra and Tyson did not immediately respond to questions. Vibra has 15 processing plants in Brazil and exports to more than 60 countries, according to its website. Brazil exported $US10 billion ($A16 billion) of chicken meat in 2024, accounting for about 35 per cent of global trade. Much of that came from meat processors BRF and JBS, which ship to 150 countries. China, Japan, Saudi Arabia and the United Arab Emirates are among the main destinations for Brazil's chicken exports. Brazil's Agriculture Minister Carlos Favaro said on Friday China had banned poultry imports from the country for 60 days. Under agreements with Japan, the UAE and Saudi Arabia, he said a trade ban would only restrict shipments from the affected state and, eventually, just the municipality in question. The outbreak occurred in the city of Montenegro in Brazil's southernmost state of Rio Grande do Sul, the farm ministry said. The state accounts for 15 per cent of Brazilian poultry production and exports, pork and poultry group ABPA said in July 2024. BRF has five processing plants operating in the state. JBS has also invested in local chicken processing plants under its Seara brand. State officials said the outbreak of H5N1 bird flu is already responsible for the death of 17,000 farm chickens, either directly from the disease or due to cautionary culling. Veterinary officials are isolating the area of the outbreak in Montenegro and hunting for more cases in an initial 10km radius, the state agricultural secretariat said. Favaro, the farm minister, said Brazil was working to contain the outbreak and negotiate a loosening of trade restrictions faster than the two months agreed in protocols. "If we manage to eliminate the outbreak, we think it's possible to re-establish a normal trade flow before the 60 days are up, including with China," Favaro said in an interview aired on CNN Brasil. Chicken products shipped by Thursday will not be affected by trade restrictions, he added. The ministry said in a statement that it was officially notifying the World Organisation for Animal Health. Bird flu has swept through the US poultry industry since 2022, killing about 170 million chickens, turkeys and other birds, severely affecting production of meat and eggs. Bird flu has also infected nearly 70 people in the US, with one death, since 2024. Most of those infections have been among farm workers exposed to infected poultry or cows. The further spread of the disease raises the risk that bird flu could become more transmissible to humans. By contrast, Argentina was able to isolate a February 2023 outbreak and start resuming exports slowly the next month. "All necessary measures to control the situation were quickly adopted, and the situation is under control and being monitored by government agencies," Brazil's poultry industry group ABPA said in a statement. JBS referred questions about the outbreak to ABPA. BRF CEO Miguel Gularte told analysts on an earnings call that he was confident Brazilian health protocols were robust and the situation would be quickly overcome. Brazil, which exported more than five million metric tonnes of chicken products last year, first confirmed outbreaks of the highly pathogenic avian flu among wild birds in May 2023 in at least seven states. The disease is not transmitted through the consumption of poultry meat or eggs, the Agriculture Ministry said. "The Brazilian and world population can rest assured about the safety of inspected products, and there are no restrictions on their consumption," the ministry said. Brazil, the world's largest chicken exporter, has confirmed its first outbreak of bird flu on a poultry farm, triggering a country-wide trade ban from China and state-wide restrictions for other major consumers. The outbreak in southern Brazil was identified at a farm supplying Vibra Foods, a Brazilian operation backed by Tyson Foods, according to two people familiar with the matter. Vibra and Tyson did not immediately respond to questions. Vibra has 15 processing plants in Brazil and exports to more than 60 countries, according to its website. Brazil exported $US10 billion ($A16 billion) of chicken meat in 2024, accounting for about 35 per cent of global trade. Much of that came from meat processors BRF and JBS, which ship to 150 countries. China, Japan, Saudi Arabia and the United Arab Emirates are among the main destinations for Brazil's chicken exports. Brazil's Agriculture Minister Carlos Favaro said on Friday China had banned poultry imports from the country for 60 days. Under agreements with Japan, the UAE and Saudi Arabia, he said a trade ban would only restrict shipments from the affected state and, eventually, just the municipality in question. The outbreak occurred in the city of Montenegro in Brazil's southernmost state of Rio Grande do Sul, the farm ministry said. The state accounts for 15 per cent of Brazilian poultry production and exports, pork and poultry group ABPA said in July 2024. BRF has five processing plants operating in the state. JBS has also invested in local chicken processing plants under its Seara brand. State officials said the outbreak of H5N1 bird flu is already responsible for the death of 17,000 farm chickens, either directly from the disease or due to cautionary culling. Veterinary officials are isolating the area of the outbreak in Montenegro and hunting for more cases in an initial 10km radius, the state agricultural secretariat said. Favaro, the farm minister, said Brazil was working to contain the outbreak and negotiate a loosening of trade restrictions faster than the two months agreed in protocols. "If we manage to eliminate the outbreak, we think it's possible to re-establish a normal trade flow before the 60 days are up, including with China," Favaro said in an interview aired on CNN Brasil. Chicken products shipped by Thursday will not be affected by trade restrictions, he added. The ministry said in a statement that it was officially notifying the World Organisation for Animal Health. Bird flu has swept through the US poultry industry since 2022, killing about 170 million chickens, turkeys and other birds, severely affecting production of meat and eggs. Bird flu has also infected nearly 70 people in the US, with one death, since 2024. Most of those infections have been among farm workers exposed to infected poultry or cows. The further spread of the disease raises the risk that bird flu could become more transmissible to humans. By contrast, Argentina was able to isolate a February 2023 outbreak and start resuming exports slowly the next month. "All necessary measures to control the situation were quickly adopted, and the situation is under control and being monitored by government agencies," Brazil's poultry industry group ABPA said in a statement. JBS referred questions about the outbreak to ABPA. BRF CEO Miguel Gularte told analysts on an earnings call that he was confident Brazilian health protocols were robust and the situation would be quickly overcome. Brazil, which exported more than five million metric tonnes of chicken products last year, first confirmed outbreaks of the highly pathogenic avian flu among wild birds in May 2023 in at least seven states. The disease is not transmitted through the consumption of poultry meat or eggs, the Agriculture Ministry said. "The Brazilian and world population can rest assured about the safety of inspected products, and there are no restrictions on their consumption," the ministry said.
West Australian
16-05-2025
- Business
- West Australian
Bird flu hits world's largest poultry exporter Brazil
Brazil, the world's largest chicken exporter, has confirmed its first outbreak of bird flu on a poultry farm, triggering a country-wide trade ban from China and state-wide restrictions for other major consumers. The outbreak in southern Brazil was identified at a farm supplying Vibra Foods, a Brazilian operation backed by Tyson Foods, according to two people familiar with the matter. Vibra and Tyson did not immediately respond to questions. Vibra has 15 processing plants in Brazil and exports to more than 60 countries, according to its website. Brazil exported $US10 billion ($A16 billion) of chicken meat in 2024, accounting for about 35 per cent of global trade. Much of that came from meat processors BRF and JBS, which ship to 150 countries. China, Japan, Saudi Arabia and the United Arab Emirates are among the main destinations for Brazil's chicken exports. Brazil's Agriculture Minister Carlos Favaro said on Friday China had banned poultry imports from the country for 60 days. Under agreements with Japan, the UAE and Saudi Arabia, he said a trade ban would only restrict shipments from the affected state and, eventually, just the municipality in question. The outbreak occurred in the city of Montenegro in Brazil's southernmost state of Rio Grande do Sul, the farm ministry said. The state accounts for 15 per cent of Brazilian poultry production and exports, pork and poultry group ABPA said in July 2024. BRF has five processing plants operating in the state. JBS has also invested in local chicken processing plants under its Seara brand. State officials said the outbreak of H5N1 bird flu is already responsible for the death of 17,000 farm chickens, either directly from the disease or due to cautionary culling. Veterinary officials are isolating the area of the outbreak in Montenegro and hunting for more cases in an initial 10km radius, the state agricultural secretariat said. Favaro, the farm minister, said Brazil was working to contain the outbreak and negotiate a loosening of trade restrictions faster than the two months agreed in protocols. "If we manage to eliminate the outbreak, we think it's possible to re-establish a normal trade flow before the 60 days are up, including with China," Favaro said in an interview aired on CNN Brasil. Chicken products shipped by Thursday will not be affected by trade restrictions, he added. The ministry said in a statement that it was officially notifying the World Organisation for Animal Health. Bird flu has swept through the US poultry industry since 2022, killing about 170 million chickens, turkeys and other birds, severely affecting production of meat and eggs. Bird flu has also infected nearly 70 people in the US, with one death, since 2024. Most of those infections have been among farm workers exposed to infected poultry or cows. The further spread of the disease raises the risk that bird flu could become more transmissible to humans. By contrast, Argentina was able to isolate a February 2023 outbreak and start resuming exports slowly the next month. "All necessary measures to control the situation were quickly adopted, and the situation is under control and being monitored by government agencies," Brazil's poultry industry group ABPA said in a statement. JBS referred questions about the outbreak to ABPA. BRF CEO Miguel Gularte told analysts on an earnings call that he was confident Brazilian health protocols were robust and the situation would be quickly overcome. Brazil, which exported more than five million metric tonnes of chicken products last year, first confirmed outbreaks of the highly pathogenic avian flu among wild birds in May 2023 in at least seven states. The disease is not transmitted through the consumption of poultry meat or eggs, the Agriculture Ministry said. "The Brazilian and world population can rest assured about the safety of inspected products, and there are no restrictions on their consumption," the ministry said.
