Meatpackers Face Turning Point as China Beef Quotas Hit Brazil
Cattle graze at the Grupo Roncador Fazenda Mantiqueira pasture in Pindamonhangaba, Sao Paulo state, Brazil.
Photographer: Maira Erlich/BloombergWorld’s top beef exporter Brazil is set to lower production after its main buyer China placed quotas on imports, marking the latest hit to meat companies already dealing with the prospect of shrinking cattle supplies.