The Shanghai Sial, festival of Argentine refrigerators – 18/05/2019

By being in Shanghai, China, facing a demand without roof and buyers willing to pay high prices, Argentine beef has played again in the big international leagues this week and returns to position itself as a key product for the Argentine foreign trade.

From the traditional Sial food fair held this week in China's main commercial port, the euphoric news relates to the interest in cuts of animal protein, especially cattle, but also the position of pork and chicken increases.

The 25 Argentine refrigerators who participated with a stand, the Argentine beef, They ran out of goods for sale. "It was something impressive," say the protagonists. They were all surprised that the Chinese market pays.

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Some of the traded values ​​are (frozen and boneless meat, per tonne):

– Vaca coverage: $ 5,200 to $ 5,400.

-Vaca 23 cuts: $ 5,500 to $ 5,800.

-Garrón y brazuelo: $ 5,800 to $ 6,200.

– Wheel casings (ball, square and carnaza): 6,000 to 6,200 dollars.

-Peceto: up to $ 7,000 (maximum price).

Between the trade war with the United States and African swine fever, the Asian giant's meat demand This is a great opportunity for Argentine refrigerators. "African swine fever has been affected and the trade crisis between China and the United States has strongly impacted this market," said Ulises Forte, president of the Institute for the Promotion of Argentine Beef (IPCVA) ). "This, coupled with the Institute's great marketing, advertising and training effort to position Argentine meat, pulled the values"He evaluated.

"It's a fair with a movement never seen before and with very good prices," added Jorge Torelli, vice president of the Institute. "The transactions are made with values ​​exceeding $ 1,000 to $ 1,500, which was paid last year," he concluded.

In a commercial frenzy, Most Argentine companies have negotiated all the meat available and many are only offering containers for August or September of this year.

However, some entrepreneurs have said that caution must be exercised because the Chinese market is very affected at the moment, in the absence of protein, and the microclimate of buyers could generate a price bubble. Overall, they unanimously agreed that it was by far the most important and successful in their lives.

Fervor for pigs

Another sector that stands out in this edition of Sial Shnagai is the pig, very excited after the opening of the Chinese pork market in Argentina recently. "We can not cope, the Argentine pig is attracting a lot of interest," he said. Clarín Rural, Lisandro Culbado, President of the Argentine Association of Pork Producers (AAPP).

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This Chinese "fervor" to import pork is a consequence of the outbreak of swine fever forced to sacrifice between 100 and 150 million animals. "China has stocks of frozen animals and meat that it will supply until July (its per capita consumption is around 40 kilograms per year.) Therefore, the need to buy pork", added the executive, enthusiastic because, starting next week, this market will be officially activated so that Argentina can start shipping.

In this line, Culbado emphasized that consultations are not done by cuts, but mainly by by-products, like legs, head, ears and belly, in which the sanitary protocol between the two nations still does not include it.

In the context of the fair, moreover, it was realized second master clbad of Chinese cuisine with Argentine beef at the Argentine beef pavilion, by Chinese chefs, presented by local "influence" Barbie Sun, who broadcast live. The event was broadcast via social rights, attracting the attention of thousands of faithful. On the other hand, the Institute has also organized an Argentinean beef gala for importers, jointly with the China Cuisine Association.