China continues to break beef import records
It completed 770 thousand tons in the first quarter of the year, exceeding by 21.5% the volume entered in January-March 2023, which until now was the highest in history.
The price per ton was US$ 4,781 in the first quarter, reflecting a 10% drop compared to US$ 5,315 in the same period of 2023.
In March the price per ton rose by about US$200, from US$4,669 in February to US$4,875, interrupting a two-month bearish streak.
According to the General Administration of Customs of China, imports in March exceeded by 14% the tons imported in the same month of the previous year and the increase in value was 7.4% for a total of US$ 1,170 million.
Pork imports fell 39% to 90,000 tons in March and totaled 260,000 in the first quarter, a 51% drop compared to the 530,000 imported in January-March 2023.
Pork exports totaled 243,965 mt in January, down 3% from a year ago, while value eased 2% to $668...
As of 1 January 2025, the total GB cattle population stood at 7.5 million head, a 2% (152,000 hea...
Beef Beef exports hit a new February record, with exports lifting 25% year-on-year to 117,...
