China’s meat demand surges
China imported 1.02 million metric tons of meat in March, Reuters reported last week.
This is the highest monthly volume since at least January 2020, as the world’s biggest meat buyer continued to stock up to fill shortages in the country of 1.4 billion people.
Imports rose 11.4% compared to March 2020, the data showed, even after local pork prices fell sharply since the start of the year. Imports for the first three months of 2021 reached 2.63 million metric tons, up 20.8% versus the same period of last year,...
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