Chinese demand pushes Brazil beef prices to record high
Chinese imports of Brazilian meat are up 23.6% for January to October after African swine fever cut its pig population
21 November 2019 - 19:34
Sao Paulo — Brazil’s famous barbecue is getting more expensive as Chinese demand is increasingly swallowing up the country's beef supply, pushing Brazilian cattle prices to a record high.
China’s hunger for foreign meat has shot up as an outbreak of African swine fever has reduced its domestic pig population and has sent it looking for substitutes. Chinese imports of Brazilian meat are up 23.6% for January to October against the same period in 2018, meatpackers association Abrafrigo says...
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