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    Home > Food News > Food Articles > China's beef demand is strong, and US exports to China have grown substantially!

    China's beef demand is strong, and US exports to China have grown substantially!

    • Last Update: 2021-11-12
    • Source: Internet
    • Author: User
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    On January 15, 2020, China and the U.
    S.
    formally signed the first phase of the China-U.
    S.
    economic and trade agreement.
    Subsequently, on February 19, the General Administration of Customs and the Ministry of Agriculture and Rural Affairs issued an announcement, deciding to conditionally remove the US beef from 30 months old and above.
    and beef production goods ban to allow compliance with relevant Chinese laws and regulations and inspection and quarantine related products to China requires a port .

     
    Since the approval, Sino-US beef trade has always been the focus of the industry.
    This year, China's beef imports from the United States have continued to grow, and US beef factories that have been approved for export to China have also frequently increased
    .
     
    On October 29, the General Administration of Customs once again announced the addition of two additional US beef export plants to China
    .
    Since then, the number of meat factories that the United States is allowed to export to China has increased to more than 500, and the scale of beef imports from China to the United States has continued to expand significantly
    .
     
      According to data, in the first three quarters of 2021, China's beef imports from the United States were close to 100,000 tons, nine times that of the same period last year, and the gap with China's imports from Australia in the same period was only about 10,000 tons
    .
     
      From the perspective of monthly import trends, since February, China's beef imports from the United States have continued to increase month by month.
    Among them, the monthly import volume in September was 16,157 tons, an increase of 5% from the previous month, compared with the 2,684 tons imported in the same period last year.
    This is a five-fold increase, and compared with the 7,693 tons of trade at the beginning of the year (January), an increase of 110%
    .
    Based on the good status of Sino-US beef trade, the current feedback from the United States is that US factories are very optimistic about the Chinese mainland market and are actively increasing production and stockpiling to meet China's strong beef demand
    .
     
      According to US media reports, as the United States continues to increase its beef exports to China, this has reduced its supply to the United States to a certain extent, leading to an increase in domestic beef prices in the United States
    .
    According to people familiar with the matter, in less than a year, the original barbecue parts of $1.
    78/lb can now be purchased for $4
    .
    However, according to relevant news, although the factory's demand for live cattle has increased and the live cattle market has a large transaction volume, the current live cattle transaction price has not seen a significant increase
    .
    Since the beginning of this year, the price of live cattle in the United States has been volatile.
    It began to rise slightly in the first half of June, and then the price has remained between US$2.
    5/kg-US$2.
    8/kg for a long time (based on live weight, the same below), October 28 In Japan, the reference price of live cattle in the United States was US$2.
    78/kg
    .
    General Administration of Customs United States and more than beef and beef production beef and regulations , Inspection and Quarantine port
     
      Since the approval, Sino-US beef trade has always been the focus of the industry.
    This year, China's beef imports from the United States have continued to grow, and US beef factories that have been approved for export to China have also frequently increased
    .
     
      On October 29, the General Administration of Customs once again announced the addition of two additional US beef export plants to China
    .
    Since then, the number of meat factories that the United States is allowed to export to China has increased to more than 500, and the scale of beef imports from China to the United States has continued to expand significantly
    .
    Export
     
      According to data, in the first three quarters of 2021, China's beef imports from the United States were close to 100,000 tons, nine times that of the same period last year, and the gap with China's imports from Australia in the same period was only about 10,000 tons
    .
     
      From the perspective of monthly import trends, since February, China's beef imports from the United States have continued to increase month by month.
    Among them, the monthly import volume in September was 16,157 tons, an increase of 5% from the previous month, compared with the 2,684 tons imported in the same period last year.
    This is a five-fold increase, and compared with the 7,693 tons of trade at the beginning of the year (January), an increase of 110%
    .
    Based on the good status of Sino-US beef trade, the current feedback from the United States is that US factories are very optimistic about the Chinese mainland market and are actively increasing production and stockpiling to meet China's strong beef demand
    .
     
      According to US media reports, as the United States continues to increase its beef exports to China, this has reduced its supply to the United States to a certain extent, leading to an increase in domestic beef prices in the United States
    .
    According to people familiar with the matter, in less than a year, the original barbecue parts of $1.
    78/lb can now be purchased for $4
    .
    However, according to relevant news, although the factory's demand for live cattle has increased and the live cattle market has a large transaction volume, the current live cattle transaction price has not seen a significant increase
    .
    Since the beginning of this year, the price of live cattle in the United States has been volatile.
    It began to rise slightly in the first half of June, and then the price has remained between US$2.
    5/kg-US$2.
    8/kg for a long time (based on live weight, the same below), October 28 In Japan, the reference price of live cattle in the United States was US$2.
    78/kg
    .
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