China’s Limited Beef Options Imply Brazil Ban Will Be Brief
- Australian ands Argentine exports are subject to restrictions
- Brazil’s exports to China should resume shortly, Marfrig says
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China’s beef supply options are shrinking after the latest move by Brazil to halt exports there following the discovery of two cases of mad cow disease.
The temporary suspension by Brazil comes as China’s two mainstay suppliers, Argentina and Australia, have seen reduced access into the world’s biggest imported beef market this year. Argentina is limiting beef exports until Oct. 31 to contain inflation, while Australian beef is subject to trade restrictions imposed by China amid frosty relations between the two countries.