日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

US EUROPE AFRICA ASIA 中文
Business / Companies

Foresun buys Latin beef-processing units

By Emma Gonzalez (China Daily) Updated: 2016-04-09 07:47

Chinese meat processor Foresun Group has agreed to buy three beef slaughterhouses and a livestock confinement unit in Argentina from Brazilian meatpacker Margrif Global Foods SA for $75 million.

Under the agreement, Black Bamboo Enterprises, a subsidiary of Foresun, will take over three meatpacking facilities in the towns of Hughes, Vivorata and Unquillo, all located in the central part of Argentina, Margrif announced in a regulatory filing.

The confinement unit, based in Monte Ralo, is also in the same area.

Foresun, headquartered in Qiqihar, Heilongjiang province, has already made an initial payment of $34 million to gain control over the facility in Hughes, with the remainder to be paid within 12 months of delivery of the other units.

In the past few years, the appetite for red meat in China has continued to accelerate, thanks to changing eating habits, higher disposable incomes and growing urbanization.

China is expected to consume 7.4 million metric tons of red meat in 2016, according to a report by the USDA Foreign Agricultural Service.

Meanwhile, Chinese beef imports are forecast to reach 600,000 tons in 2016, a 20 percent year-on-year growth.

The high demand for red meat is prompting Chinese companies to look abroad to secure production facilities.

"The Chinese government encourages outbound investment in overseas plants of agricultural products," noted Neil Wang, global partner and China president of the consulting firm Frost and Sullivan.

"This can provide China with more control over the supply chains for food imports."

Only a few countries can export beef to China due to various health restrictions. They include Australia, New Zealand, Argentina, Uruguay and Brazil.

Although Australia continues to dominate the Chinese beef market, countries in Latin America are quickly expanding their share, thanks to cheaper cuts in greater quantities.

"China is especially looking at Latin America to lower its dependence on a limited number of suppliers," said Aurelia Britsch, a senior commodity analyst at Business Monitor International. "These large suppliers of cheap meat cuts will probably make large inroads into China's beef market and pose a clear threat to Australian exports over the medium term."

Last year, China became the top importer of Argentine beef products, with 36 percent of the total exports being sold to the Asian country, according to Aacrea, Argentina's association of meat producers.

Zhu Wenqian in Beijing and Zhou Huiying in Harbin contributed to this story.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美日韩a | 国产精品一区三区 | 久久精品在线 | 国产精品久久久久9999高清 | 欧美成人久久久 | 狠狠狠色丁香婷婷综合激情 | 毛片1毛片2毛片3毛片4 | 免费看黄色一级大片 | 亚洲国产成人精品女人久久久 | 国产成人+综合亚洲+天堂 | 成人片黄网站A片免费 | 亚洲一区二区三区欧美 | 精品国产一区二区三区久久 | 精品一区二区久久久久久按摩 | 精品视频一区二区三区在线播放 | 久久夜色精品 | 一区二区三区波多野结衣 | 一级毛片特级毛片免费的 | 久久国产色 | 中文字幕在线看 | 91观看| 国产视频久久 | 精品的一区二区三区 | 中文字幕av免费 | 日本精品中文字幕有码 | 美女网站在线观看视频18 | 亚洲一区视频在线 | 一区二区三区杨幂在线观看 | 亚洲精品久久久久一区二区三区 | 亚洲欧美久久婷婷爱综合一区天堂 | 久久精品成人免费国产片桃视频 | 777xacom| 久草在线视频资源站 | 欧美色黄视频 | 久久99精品久久久久久琪琪 | 久久亚洲精品国产精品紫薇 | 日本一区二区高清视频 | 91视频完整版 | 亚洲开心网| 欧美一级毛片在线 | 黄色资源在线观看 |