Argentina aims to export 1 mln tons of beef

insufficient compared to installed capacity and the scale of global demand. China remains the largest buyer. In July, it imported 240,000 tonnes, up 15% from a year earlier, after nine months of decline. However, the Asian giant is putting pressure on prices: on average, it pays only 10% more, while global prices have risen by 20-25%. A change in purchasing patterns – more processed meat and less fine cuts after the US withdrawal – partly explains the difference. In fact, Argentina’s exports rose by 16,200 tonnes from March to July, with 83% of this increase going to China. However, Brazil has made significant progress, shipping a record 158,000 tonnes to the Chinese market in July, a figure that will be repeated in August. In November, Beijing will announce measures it will apply from 2026 to protect its battered domestic production. Decisions on possible quotas or tariff increases are expected. In addition to the Asian giant, the Israeli and European markets are also growing ...