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ANALYSIS: South American Beef Exporters Diversifying Beyond China In 2024
As we approach the end of the first quarter of 2024, a subtle yet discernible trend is emerging among major South American beef exporters, particularly Brazil and Uruguay. These countries are showing a tendency towards exploring attractive markets for their beef exports. This strategy doesn't signify a major shift away from China, remaining as the world's largest beef consumer, but rather an adaptive response to diversify their export destinations.
This trend becomes evident when analyzing the beef export data up to February 2024 (frozen, fresh or chilled)...
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