China figures as the main market for Argentine beef, having absorbed in nine months to October 78% of exports, based on data from the ABC Consortium, which represents the country’s largest beef exporters. Argentina’s exports of beef totaled 641,900 tons in the first ten months of the current year, (Jan/October) a 14.3% increase compared to the same period in 2023. In terms of revenue, these shipments generated US$ 2.5 billion, a 7.2% increase over the same period last year.
December 1, 2024
SOURCE: MERCOPRESS
China absorbs most of Argentina’s beef exports but at lower prices