US tariffs will spur Asian countries to buy more beef from members of the South American customs union Mercosur, said Jorge Usandivaras, a director at regional meatpacker Frigorifico Concepcion.
- China’s retaliation against US meat, grain producers “is extremely aggressive” and will probably be long term: Usandivaras said in a conference call to discuss 2024 results
- “At the same time China has to buy. We have seen much better prices coming from Chinese orders. It drives the entire Asian market up,” Usandivaras said
- Frigorifico Concepcion expects to continue exporting to the US this year even with tariffs: Usandivaras
- The Philippines will ...