Meat demand will maintain higher prices if China continues to improve its economy

The director of Faxcarne, Rafael Tardáguila, affirmed that the better economic activity in China, the biggest catalyst for beef of bovine origin, is giving the main Asian importers the incentive to increase demand in the post-Chinese New Year period. "If things evolve as it seems that they are beginning to evolve, especially in China, which is the main importer, there will be a greater dynamic that will allow higher prices and this will be transferred directly to the prices of the farm in the domestic market," he pointed out in an interview with Valor Agro. This perspective was given around the fact that the Asian giant faced economic problems at the beginning of September caused by the health policies applied as a result of a resurgence of Covid cases, causing the wind to face the exporting countries. In this context, the consultant indicated that although there was a downward correction by the World Bank towards China's economic growth of around 4% by 2023, everything seems to ...