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Rabobank predicts beef trade disruption in Asia and Europe

  • 6 Mar 10:38

Lower pork production in China and a hard Brexit will have effects in the volume of trade in these regions. The multiple ASF outbreaks recorded in China have led to tighter border controls in this country, which in turn have generated a sharp decline in the volume of trade through unofficial channels in Q4 2018. The increased Chinese border enforcement has slowed unofficial bovine trade from Hong Kong and Vietnam, says Angus Gidley-Baird, Senior Analyst - Animal Protein at Rabobank. In the last quarter of 2018, Vietnamese imports of Indian carabeef have dropped by 60% compared to the same quarter from the previous year pushing down the prices of meat. Nevertheless, China. Read more...