Argentine beef exports grew 50% due to higher Chinese demand

Argentina exported 670,000 tons of beef in the first 10 months of 2019, 50% more than in the same period of 2018, according to a report by Rosgan Livestock Market of Rosario Stock Exchange. The analysis indicates that this was due to higher demand in China, where 74% of total exports were directed. It also projects an annual closure of 850,000 tons, thus exceeding the historical record of 2005 (771,000 tons).

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Source: Página 12

Categories: Geopolitics, Industry