What China’s U-turn on Brazilian beef tells us about global supplies
Prices on the ground have solidified to some degree, at around €5.25/kg for bullocks and €5.30/kg for heifers
Biggest exporter: Cattle on their way to slaughter in Brazil. Photo: Getty
Martin Coughlan
To me, China’s decision to rescind its embargo on Brazilian beef imports indicates how precarious world supplies of beef are.
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