Stable beef exports to China in November

In November, beef exports to China from Brazil, Uruguay, and Oceania, as well as estimated shipments from Argentina, the United States, and other countries, totaled 232 thousand tons, similar to the previous month. Mercosur, a trade bloc in South America, reportedly shipped 173 thousand tons of beef to China last month, with the majority of the volume expected to arrive in January. Additionally, Oceania saw an increase in beef exports to China, shipping 31 thousand tons in November, a monthly increase of 3 thousand.