World Beef Report 1629
New- China remains firm, though signs of a slowdown in the upward trend appear
- U.S. market begins to take shape again
- Main beef producing regions will reduce output
- Cattle slaughter reached a record high in Brazil in the first quarter
- Argentina eased currency controls and exporters improved the exchange rate by nearly 8% on the first day
- China rejected approval of new Brazilian slaughter plants
- Wholesale prices in China remain unresponsive