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ANALYSIS: January's Shifting Trends in Brazilian Beef Export Dynamics
The recently released Brazilian export data for January unveiled significant shifts in the beef market, signaling a slightly broader diversification of Brazilian beef export destinations early this year.
While China remains the dominant player, its share saw a slight decline, as frozen boneless beef exports to China dropped by 11.8% from the same time of last year, amounting to a massive volume of 96,329 metric tons (MT) compared to 98,857 MT for the previous January, aligned with a 9.49% reduction in the average price per MT. This decline in prices reflects...
Russian Pork Exports to China Gear Up Following Lifted Bans and Bilateral Protocol
In addition to Beijing scrapping regional restrictions for some Russian farm exports, the Russian Federal Service for Veterinary and Phytosanitary Supervision announced its plans to commence pork exports to China in January 2024. This follows a bilateral inspection and quarantine protocol in December 2023, which was signed during the 28th conference between the heads of government of China and Russia.
On 25 December 2023, Abi, a leading Russian processed meat producer, announced the initiation of product exports to China, marking the beginning of this new trade development...
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