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Dealers expect China to propel 2018 growth in Brazilian beef exports
Update time: 2017-12-18 00:00:00 [Large  Small]

【 Brazil 】

The Brazilian association of meat exporters forecasts that the volume of exports of Brazilian beef will grow by about 10 percent to 1.68 million tonnes next year, driven by sales in the Chinese and US markets, Reuters reports.

The news agency quotes the association as forecasting that the value will rise by about 11 percent to US$6.9 billion.

The association expects the Chinese authorities to give permission to import beef from nearly a dozen more slaughterhouses in Brazil next year, causing Brazilian beef exports to China to jump by 50 percent.

Hong Kong, Mainland China and Russia are the main importers of Brazilian beef, together buying 703,000 tonnes in the first 11 months of this year, Reuters says.

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