The average export value of frozen beef to China surged in January, up 9% m/m to US$/t 5,283, the highest since mid-2022 (42 months). The increase reflected higher prices for both boneless and bone-in products: boneless frozen beef averaged US$/t 6,172 (+5% m/m), while bone-in beef averaged US$/t 3,834 (+8% m/m).
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