China calls for more beef and refrigerators work hard – 05/16/2019

Argentine beef has returned to the international leagues this week and is back in place as a product key for foreign tradeas if by chance, when soy was at the center of the world stage; although in the markets of our country, the quotation remains higher than forecast, $ 10,000 per ton.

However, among all eyes glued on the grain that still represents the main Creole export position, since the traditional SIAL food fair held this week in Shanghai, the commercial capital of China, euphoric news arrives related to the high demand which is perceived by cuts of animal protein, especially livestock, although the positioning of pork and chicken increases.

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The most important day of this phenomenon was yesterday. The 25 Argentine refrigerators present on a booth, the Argentina Beef, have no more merchandise for sale. "It was something impressive," say the protagonists.

The question does not only depend on the amount, but also the prices. They are all surprised that the Chinese market pays. Between the trade war with the United States and African swine fever, the Asian giant's demand for meat is a great opportunity for Argentine refrigerators who have traveled. They sold everything, they do not have a kilogram of meat to sell.

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"African swine fever and the trade crisis between China and the United States have had a significant impact on this market," said Ulises Forte, president of the Institute for the Promotion of Argentine Beef (IPCVA) ). "It's a fair with a never seen movement and very good prices"Jorge Torelli, vice president of the Institute, added." The transactions are carried out with values ​​exceeding $ 1,000 to $ 1,500, which was paid last year, "he concluded. .

Juan Eiras, president of the House of the Feedlots, said yesterday that the 80% of the export meat comes from animals fattened on the farm. The animals at these fattening hotels also provide a large portion of the domestic consumption.

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Eiras admitted that the 25 exporting factories which have been activated by China, today locomotive of the exporting company, work at full capacity. And it is precisely the demand of the Asian giant, who previously demanded substandard products, has changed. high quality cuts and they are pushing prices for cuts to other markets such as Israel and Chile.

This boom contrasts with what is happening in the domestic market, where per capita meat consumption has fallen to 49 kilos per person per year.

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