IBOV 176,589 ▼ 0.43% IPSA 10,747 ▼ 0.73% IPC MEX 69,198 ▲ 1.37% MERVAL 2,924,356 ▲ 2.75% COLCAP 2,228.30 ▲ 4.48% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.03 ▼ 0.04% USD/MXN 17.29 ▼ 0.09% USD/CLP 893.35 ▼ 0.11% USD/COP 3,668 ▲ 0.97% USD/PEN 3.41 ▲ 0.02% USD/ARS 1,410 ▼ 0.04% USD/UYU 40.01 ▲ 1.50% USD/PYG 6,131 ▲ 0.71% USD/BOB 6.85 ▲ 1.67% USD/DOP 58.91 ▲ 1.32% USD/CRC 449.72 ▲ 1.52% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.62 ▲ 1.72% USD/NIO 36.62 ▲ 0.69% USD/VES 538.69 ▲ 1.67% USD/PAB 1.00 ▲ 2.20% USD/BZD 2.00 ▲ 1.63% USD/JMD 156.59 ▲ 0.34% USD/TTD 6.72 ▲ 1.01% EUR/BRL 5.86 ▲ 0.57% BRENT 93.55 ▼ 6.06% WTI 90.05 ▼ 4.09% IRON ORE 161.91 — — COPPER 6.41 ▲ 0.72% GOLD 4,519 ▲ 0.40% SILVER 75.77 ▼ 0.70% SOY 1,188 ▲ 0.19% CORN 455.75 ▼ 0.38% WHEAT 627.00 ▼ 1.34% COFFEE 276.10 ▲ 0.77% SUGAR 14.33 ▼ 1.44% ORANGE JUICE 173.00 ▲ 0.90% COTTON 76.45 ▼ 1.19% COCOA 4,260 ▲ 2.18% BEEF 239.30 ▼ 4.01% CATTLE 349.38 ▼ 0.14% LITHIUM 86.35 ▲ 1.25% PETR4 43.44 ▲ 0.09% VALE3 83.07 ▼ 0.62% ITUB4 40.06 ▼ 0.64% BBDC4 17.84 ▼ 1.27% ABEV3 16.59 ▲ 1.16% BBAS3 21.11 ▼ 2.54% B3SA3 16.94 ▼ 1.85% WEGE3 43.44 ▲ 0.30% PRIO3 64.75 ▲ 0.68% SUZB3 41.68 ▲ 0.65% RENT3 43.70 ▼ 2.67% AZZA3 20.50 ▼ 1.87% CSAN3 4.28 ▼ 2.51% RAIZ4 0.40 ▼ 2.44% PCAR3 2.01 ▼ 2.90% GMAT3 4.28 ▼ 3.82% PSSA3 48.89 ▼ 0.71% CVCB3 1.72 ▼ 3.37% POSI3 4.17 ▲ 1.71% SLCE3 16.13 ▼ 0.55% NATU3 10.40 ▼ 1.23% BRKM5 11.68 ▼ 5.81% RANI3 7.91 ▼ 1.49% CSNA3 6.69 ▼ 0.45% CMIN3 4.51 ▲ 0.45% USIM5 9.66 ▼ 3.59% GGBR4 23.61 ▼ 2.36% ENEV3 25.06 ▼ 0.63% NEOE3 33.80 — 0.00% CPFE3 43.59 ▲ 0.67% CMIG4 11.20 ▼ 0.62% EQTL3 38.60 ▲ 0.26% LREN3 15.04 ▼ 2.40% VIVT3 33.85 ▲ 0.92% RAIL3 14.25 ▼ 0.77% KLABIN 16.61 ▲ 0.36% RAIA DROGASIL 18.01 ▼ 2.54% RDOR3 35.00 ▲ 1.42% HAPV3 12.60 ▲ 1.61% FLRY3 16.05 ▲ 0.82% SMTO3 17.15 ▼ 0.92% UGPA3 27.87 ▼ 2.00% VBBR3 31.87 ▼ 1.27% BBSE3 34.72 ▲ 0.29% BPAC11 55.50 ▼ 0.72% CURY3 32.08 ▲ 0.63% AERI3 2.32 ▼ 1.28% VIVARA 22.27 ▼ 2.02% COMPASS 26.85 ▼ 1.50% VAMOS 3.24 ▼ 3.86% SANB11 27.32 ▼ 1.16% ASAI3 9.11 ▼ 0.11% SBSP3 28.77 ▼ 1.13% WALMEX 54.48 ▼ 1.30% GMEXICO 213.64 ▲ 3.90% FEMSA 211.09 ▲ 0.50% CEMEX 22.67 ▲ 2.72% GFNORTE 193.33 ▲ 2.49% BIMBO 58.74 ▲ 1.35% TELEVISA 9.87 ▲ 2.28% AMX 22.48 ▲ 0.90% GAP 422.49 ▼ 0.64% ASUR 309.57 ▲ 2.59% OMA 220.55 ▼ 2.94% KOF 187.97 ▲ 0.90% GRUMA 296.82 ▲ 0.42% KIMBER 37.73 ▲ 0.03% SQM-B 72,594 ▼ 1.25% COPEC 6,390 ▼ 0.47% BSANTANDER 71.99 ▲ 0.57% FALABELLA 5,864 ▼ 1.09% ENELAM 79.00 ▲ 0.64% CENCOSUD 2,122 ▼ 3.55% CMPC 1,121 ▼ 2.09% BANCO CHILE 172.99 ▲ 0.48% LATAM AIR 23.39 ▼ 1.52% YPF 72,100 ▲ 1.51% GGAL 6,795 ▲ 5.27% PAMPA 4,790 ▲ 0.16% TXAR 654.00 ▲ 3.15% ALUAR 967.00 ▲ 3.04% TGS 8,685 — 0.00% CEPU 2,155 ▲ 3.76% MIRGOR 16,375 ▲ 0.15% COME 44.31 ▲ 1.40% LOMA NEGRA 3,415 ▲ 4.20% BYMA 289.00 ▲ 1.31% TELECOM ARG 3,790 ▲ 8.52% ECOPETROL 14.86 ▲ 7.29% BANCOLOMBIA 71.69 ▲ 8.82% GRUPO AVAL 4.66 ▲ 10.17% CREDICORP 351.75 ▲ 5.22% SOUTHERN COPPER 189.88 ▲ 5.68% BUENAVENTURA 35.09 ▲ 4.87% MERCADOLIBRE 1,648 ▼ 0.98% NUBANK 12.98 ▲ 1.96% XP 17.22 ▲ 2.38% PAGSEGURO 9.22 ▲ 0.88% STONE 11.29 ▲ 2.64% GLOBANT 38.42 ▼ 4.26% TECNOGLASS 42.03 ▲ 2.11% GAP AIRPORT 243.68 ▲ 1.36% ASUR 309.57 ▲ 2.59% OMA AIRPORT 102.20 ▼ 0.97% AMX ADR 25.98 ▼ 0.61% FEMSA ADR 121.92 ▲ 0.53% CEMEX ADR 13.10 ▲ 4.26% PETROBRAS ADR 19.40 ▼ 2.51% VALE ADR 16.50 ▲ 0.12% ITAU ADR 7.94 ▲ 1.53% SANTANDER BR 5.46 ▲ 1.30% AMBEV ADR 3.27 ▲ 2.19% CSN 1.33 ▼ 1.48% GERDAU 4.68 ▼ 1.47% LATAM ADR 52.26 ▲ 4.75% BTC 75,860 ▲ 0.05% ETH 2,083 ▲ 0.58% SOL 83.85 ▲ 0.32% XRP 1.33 ▲ 0.31% BNB 653.98 ▼ 0.25% ADA 0.24 ▼ 0.04% DOGE 0.10 ▲ 0.98% AVAX 9.15 ▲ 0.22% LINK 9.36 ▼ 0.20% DOT 1.26 ▲ 0.61% LTC 52.31 ▲ 0.87% BCH 343.84 ▲ 0.20% TRX 0.37 ▼ 0.75% XLM 0.15 ▼ 0.23% HBAR 0.09 ▼ 0.65% NEAR 2.46 ▼ 3.08% ATOM 2.24 ▲ 1.21% AAVE 84.92 ▼ 0.89% SELIC 14.50% EMBRAER 72.38 ▼ 1.23% EMBRAER ADR 57.90 ▲ 0.56% JBS 12.98 ▼ 1.74% JBS BDR 65.00 ▼ 2.18% MBRF3 16.36 ▲ 0.74% MBRFY 3.26 ▼ 2.40% INTER 6.34 ▲ 2.92% IBOV 176,589 ▼ 0.43% IPSA 10,747 ▼ 0.73% IPC MEX 69,198 ▲ 1.37% MERVAL 2,924,356 ▲ 2.75% COLCAP 2,228.30 ▲ 4.48% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.03 ▼ 0.04% USD/MXN 17.29 ▼ 0.09% USD/CLP 893.35 ▼ 0.11% USD/COP 3,668 ▲ 0.97% USD/PEN 3.41 ▲ 0.02% USD/ARS 1,410 ▼ 0.04% USD/UYU 40.01 ▲ 1.50% USD/PYG 6,131 ▲ 0.71% USD/BOB 6.85 ▲ 1.67% USD/DOP 58.91 ▲ 1.32% USD/CRC 449.72 ▲ 1.52% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.62 ▲ 1.72% USD/NIO 36.62 ▲ 0.69% USD/VES 538.69 ▲ 1.67% USD/PAB 1.00 ▲ 2.20% USD/BZD 2.00 ▲ 1.63% USD/JMD 156.59 ▲ 0.34% USD/TTD 6.72 ▲ 1.01% EUR/BRL 5.86 ▲ 0.57% BRENT 93.55 ▼ 6.06% WTI 90.05 ▼ 4.09% IRON ORE 161.91 — — COPPER 6.41 ▲ 0.72% GOLD 4,519 ▲ 0.40% SILVER 75.77 ▼ 0.70% SOY 1,188 ▲ 0.19% CORN 455.75 ▼ 0.38% WHEAT 627.00 ▼ 1.34% COFFEE 276.10 ▲ 0.77% SUGAR 14.33 ▼ 1.44% ORANGE JUICE 173.00 ▲ 0.90% COTTON 76.45 ▼ 1.19% COCOA 4,260 ▲ 2.18% BEEF 239.30 ▼ 4.01% CATTLE 349.38 ▼ 0.14% LITHIUM 86.35 ▲ 1.25% PETR4 43.44 ▲ 0.09% VALE3 83.07 ▼ 0.62% ITUB4 40.06 ▼ 0.64% BBDC4 17.84 ▼ 1.27% ABEV3 16.59 ▲ 1.16% BBAS3 21.11 ▼ 2.54% B3SA3 16.94 ▼ 1.85% WEGE3 43.44 ▲ 0.30% PRIO3 64.75 ▲ 0.68% SUZB3 41.68 ▲ 0.65% RENT3 43.70 ▼ 2.67% AZZA3 20.50 ▼ 1.87% CSAN3 4.28 ▼ 2.51% RAIZ4 0.40 ▼ 2.44% PCAR3 2.01 ▼ 2.90% GMAT3 4.28 ▼ 3.82% PSSA3 48.89 ▼ 0.71% CVCB3 1.72 ▼ 3.37% POSI3 4.17 ▲ 1.71% SLCE3 16.13 ▼ 0.55% NATU3 10.40 ▼ 1.23% BRKM5 11.68 ▼ 5.81% RANI3 7.91 ▼ 1.49% CSNA3 6.69 ▼ 0.45% CMIN3 4.51 ▲ 0.45% USIM5 9.66 ▼ 3.59% GGBR4 23.61 ▼ 2.36% ENEV3 25.06 ▼ 0.63% NEOE3 33.80 — 0.00% CPFE3 43.59 ▲ 0.67% CMIG4 11.20 ▼ 0.62% EQTL3 38.60 ▲ 0.26% LREN3 15.04 ▼ 2.40% VIVT3 33.85 ▲ 0.92% RAIL3 14.25 ▼ 0.77% KLABIN 16.61 ▲ 0.36% RAIA DROGASIL 18.01 ▼ 2.54% RDOR3 35.00 ▲ 1.42% HAPV3 12.60 ▲ 1.61% FLRY3 16.05 ▲ 0.82% SMTO3 17.15 ▼ 0.92% UGPA3 27.87 ▼ 2.00% VBBR3 31.87 ▼ 1.27% BBSE3 34.72 ▲ 0.29% BPAC11 55.50 ▼ 0.72% CURY3 32.08 ▲ 0.63% AERI3 2.32 ▼ 1.28% VIVARA 22.27 ▼ 2.02% COMPASS 26.85 ▼ 1.50% VAMOS 3.24 ▼ 3.86% SANB11 27.32 ▼ 1.16% ASAI3 9.11 ▼ 0.11% SBSP3 28.77 ▼ 1.13% WALMEX 54.48 ▼ 1.30% GMEXICO 213.64 ▲ 3.90% FEMSA 211.09 ▲ 0.50% CEMEX 22.67 ▲ 2.72% GFNORTE 193.33 ▲ 2.49% BIMBO 58.74 ▲ 1.35% TELEVISA 9.87 ▲ 2.28% AMX 22.48 ▲ 0.90% GAP 422.49 ▼ 0.64% ASUR 309.57 ▲ 2.59% OMA 220.55 ▼ 2.94% KOF 187.97 ▲ 0.90% GRUMA 296.82 ▲ 0.42% KIMBER 37.73 ▲ 0.03% SQM-B 72,594 ▼ 1.25% COPEC 6,390 ▼ 0.47% BSANTANDER 71.99 ▲ 0.57% FALABELLA 5,864 ▼ 1.09% ENELAM 79.00 ▲ 0.64% CENCOSUD 2,122 ▼ 3.55% CMPC 1,121 ▼ 2.09% BANCO CHILE 172.99 ▲ 0.48% LATAM AIR 23.39 ▼ 1.52% YPF 72,100 ▲ 1.51% GGAL 6,795 ▲ 5.27% PAMPA 4,790 ▲ 0.16% TXAR 654.00 ▲ 3.15% ALUAR 967.00 ▲ 3.04% TGS 8,685 — 0.00% CEPU 2,155 ▲ 3.76% MIRGOR 16,375 ▲ 0.15% COME 44.31 ▲ 1.40% LOMA NEGRA 3,415 ▲ 4.20% BYMA 289.00 ▲ 1.31% TELECOM ARG 3,790 ▲ 8.52% ECOPETROL 14.86 ▲ 7.29% BANCOLOMBIA 71.69 ▲ 8.82% GRUPO AVAL 4.66 ▲ 10.17% CREDICORP 351.75 ▲ 5.22% SOUTHERN COPPER 189.88 ▲ 5.68% BUENAVENTURA 35.09 ▲ 4.87% MERCADOLIBRE 1,648 ▼ 0.98% NUBANK 12.98 ▲ 1.96% XP 17.22 ▲ 2.38% PAGSEGURO 9.22 ▲ 0.88% STONE 11.29 ▲ 2.64% GLOBANT 38.42 ▼ 4.26% TECNOGLASS 42.03 ▲ 2.11% GAP AIRPORT 243.68 ▲ 1.36% ASUR 309.57 ▲ 2.59% OMA AIRPORT 102.20 ▼ 0.97% AMX ADR 25.98 ▼ 0.61% FEMSA ADR 121.92 ▲ 0.53% CEMEX ADR 13.10 ▲ 4.26% PETROBRAS ADR 19.40 ▼ 2.51% VALE ADR 16.50 ▲ 0.12% ITAU ADR 7.94 ▲ 1.53% SANTANDER BR 5.46 ▲ 1.30% AMBEV ADR 3.27 ▲ 2.19% CSN 1.33 ▼ 1.48% GERDAU 4.68 ▼ 1.47% LATAM ADR 52.26 ▲ 4.75% BTC 75,860 ▲ 0.05% ETH 2,083 ▲ 0.58% SOL 83.85 ▲ 0.32% XRP 1.33 ▲ 0.31% BNB 653.98 ▼ 0.25% ADA 0.24 ▼ 0.04% DOGE 0.10 ▲ 0.98% AVAX 9.15 ▲ 0.22% LINK 9.36 ▼ 0.20% DOT 1.26 ▲ 0.61% LTC 52.31 ▲ 0.87% BCH 343.84 ▲ 0.20% TRX 0.37 ▼ 0.75% XLM 0.15 ▼ 0.23% HBAR 0.09 ▼ 0.65% NEAR 2.46 ▼ 3.08% ATOM 2.24 ▲ 1.21% AAVE 84.92 ▼ 0.89% SELIC 14.50% EMBRAER 72.38 ▼ 1.23% EMBRAER ADR 57.90 ▲ 0.56% JBS 12.98 ▼ 1.74% JBS BDR 65.00 ▼ 2.18% MBRF3 16.36 ▲ 0.74% MBRFY 3.26 ▼ 2.40% INTER 6.34 ▲ 2.92%
since 2009
Wednesday, May 27, 2026

Brazil Business

Brazil’s Foie Gras Ban Draws French Pressure on Mercosur

By · May 27, 2026 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

BRAZIL · ECONOMY

Wednesday, May 27, 2026 — 03:00 BRT — By Sofia Gabriela Martinez

Key Facts

The bill: a measure equating foie gras production to animal cruelty has passed Brazil’s Congress and awaits President Lula’s decision.

The pushback: French producers and officials warn a ban would clash with the new Mercosur–European Union trade deal.

The leverage: France wants to tie the issue to Europe’s restrictions on Brazilian meat and other animal products.

The timing: the bloc-to-bloc deal’s trade rules took provisional effect on May 1, with France long resistant.

Latin American impact: a small delicacy becomes a bargaining chip in the largest trade pact between South America and Europe.

Brazil’s Foie Gras Ban Draws French Pressure on Mercosur. (Photo Internet reproduction)

A Brazilian move toward a foie gras ban has drawn pressure from France, which warns the measure could collide with the new trade deal between Mercosur and the European Union.

What the Foie Gras Ban Would Do

Foie gras is a fattened duck or goose liver, a luxury staple of French cuisine. A bill before Brazil treats the way it is produced as a form of animal cruelty and sets penalties. The text has already cleared Congress and now awaits a decision from President Luiz Inacio Lula da Silva.

Brazil is not a major foie gras producer, so the practical effect would fall on imports and on restaurants that serve it. Animal-welfare groups back the move. Importers and French officials oppose it.

Why France Is Pushing Back

French producers argue that banning the product would breach the Mercosur–European Union agreement. Paris has signaled it could use the dispute as a counterweight in wider trade talks. The aim is to press Brussels and Brasilia on Europe’s own curbs on Brazilian animal products.

The timing is delicate. The trade portion of the Mercosur–EU deal began applying on a provisional basis on May 1, after 25 years of talks. France has been among its most vocal critics, citing competition for its farmers.

The Bigger Trade Picture

The quarrel is small in value but symbolic in weight. Brazil takes over the rotating Mercosur presidency in July, and Lula has said he wants to lock in the deal during his term. A clash over one delicacy could complicate that push.

It also shows how food and animal-welfare rules are becoming trade issues. For Brazilian exporters, the worry is that Europe ties market access to standards they cannot easily meet. The foie gras fight is a preview of that tension.

Frequently Asked Questions

Has Brazil banned foie gras?

Not yet. A bill has passed Congress but still needs President Lula to sign or veto it. Until then, nothing changes for importers or restaurants.

Why does France care so much?

Foie gras is a French culinary symbol and an export. Paris also sees the issue as a lever in the broader Mercosur–EU negotiations over farm goods.

Could it affect the Mercosur–EU deal?

Directly, little. But it adds friction at a sensitive moment, as the deal’s trade rules have only just begun to apply and France remains skeptical.

Connected Coverage

For more on Brazil’s trade agenda, see The Rio Times on Japan’s interest in a Mercosur deal and on Brazil’s record trade surplus.

Read More from The Rio Times

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.