Argentina: The price of the heavy steer in Uruguay reached 4.80 u $ s / kg

Published 2021년 10월 7일

Tridge summary

Argentina, Brazil, and Australia have restricted beef exports to China due to political issues and health concerns, leading to a surge in demand for Uruguayan beef. The country is struggling to fulfill the large number of orders from China, resulting in record-high prices for beef exports. The average income from beef exports last week was $4,852 per tonne, the second highest of the year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Argentina, China's second supplier of frozen beef, decided to restrict exports of this product to the Asian nation for a political issue, because it has a full supply of animal protein through poultry, pork, fish, egg products and dairy. Although last week the new Minister of Agriculture, Julián Domínguez, assured that the export stocks would be made more flexible to increase shipments of bovine cuts to China, that promise did not materialize and it is unlikely that it will be implemented effectively before the elections. legislative next November. Last month, the Ministry of Agriculture of Brazil, after detecting two atypical cases of Bovine Spongiform Encephalopathy (BSE), suspended beef exports to the Asian nation, as determined in the sanitary protocols signed between both countries. Brazil, remember, is the main seller of beef in the Asian nation. And the third place in the ranking of suppliers of beef to China was occupied by Australia, a nation with which the Chinese ...

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