EXCLUSIVE: Where's the beef? Argentine ranchers hope more is headed for China by Maximilian Heath dpattonbeijing hughreuters
BUENOS AIRES/BEIJING - Cattle ranchers in Argentina, which recently edged out neighbor Brazil as the top exporter of beef to China, are hoping to build on that status by getting more local meatpacking plants approved by Beijing, industry officials and other sources told Reuters.
The push, after a massive spike in Argentine beef exports to the world’s No. 2 economy this year, underscores how China is looking to diversify its protein supply, shaking up the global meat trade as African swine fever hammers its domestic hog herd. Chinese customs data show that amounted to around 185,604 tonnes of Argentine beef, giving it the top share of the Chinese import market with 21.7%, slightly ahead of Brazil’s 21.03%. That volume was a jump of 129% against the year before.
The person added that a Chinese team had also recently traveled to Argentina to visit local meat plants. The progress comes after China granted export licenses to 25 Brazilian meatpacking plants earlier this month. Brazil has also seen a surge in meat demand from China. A second person, a manager at a state-owned Chinese trading house, said he had met with an Argentine firm last week during the delegation’s visit. He declined to name the firm, which had met with China customs officials, but said it had already been approved for exports and was seeking further plant approvals.
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