Brazil is biggest beef seller to China
Limited domestic output and rising per-capita incomes are pushing beef-hungry China to import the high-protein, low-fat meat in increasing quantities from Brazil.
While the Chinese eat far more pork than any other meat, percapita consumption is falling. At the same time demand for beef is increasing, a production deficit is widening in China, and imports are heading for a record.
About a year after recovering from a scare related to mad cow disease, Brazil has supplanted Australia as the biggest seller of beef to China. Brazil’s ample supplies and low prices helped companies to boost exports to China by 65 percent in the first half of the year.