In seven months of 2021, China imported beef of what Argentina exports in two years

China continues to need meat to meet the demands of its domestic demand and the gap left by the mass slaughter of pigs due to the spread of African swine fever. For this year, it is estimated that it will lack 12 million tons of meat of this species and that therefore it will be forced to import 3 million tons of beef. This situation is already reflected in the quantities imported so far in 2021. The consultant Víctor Tonelli said that according to the latest data released by China Customs in the first 7 months of the year that country bought 1.3 million tons, which which means an increase of 10% compared to the same period in 2020 and 3 times than purchases made 4 years ago. But the prices also improved. The average value per ton imported, said the consultant, was $ 4,200 in July when a few months ago it was $ 3,700. The increase was 13%. Argentina allocates 75% of the beef it exports to that country, but with the elections around the corner, the government decided to establish a ...