RIO DE JANEIRO, BRAZIL - The Argentinean meat market is facing an ambivalent situation: Chinese demand has doubled meat production in the past year - more than 830,000 tons were loaded into containers and exported - while concurrently more and more people in Argentina can no longer afford domestic meat due to rising prices.
The People's Republic of China had significantly increased its demand as a result of the rampant swine fever in 2019. According to the Institute for the Promotion of Argentinean Beef Production (IPCVA), 75 percent of Argentina's meat exports were shipped to the East Asian state. Totaling . . .