In the past few years the Agro e Machines group has specialised within Europe but also beyond increasingly on the export of breeding animals. By now this type of export became one of our most important activities. We export the Nolro-Angus heifers from Brazil, Holland, Uruguay . Lately, the demand has increased for beef cattle, especially for Crossed Angus, therefore, we are also expanding this branch of our business continuously. Beside Brazil.
Brazil took over from Australia as the largest exporter of beef to China in 2016, offering a cheaper protein, and has strong interest in South Korea and re-opening trade with Japan. We can see Brazil is already doing some improvements in terms of genetics, using more feedlots, trying to increase productivity.