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Last update 1/4/2025
The president of Uruguay’s National Meat Institute (INAC), Gastón Scayola, appeared this Monday in China regarding the government’s investigation into the alleged negative impact that beef imports have had on local producers.
According to a document from a Chinese operator who took part in Monday’s hearing —and which World Beef Report (WBR) had access to— there is a high likelihood that the Asian powerhouse will implement retaliatory measures to protect its domestic livestock industry. The public hearing on the investigation conducted by China’s Ministry of Commerce —aimed at assessing the impact of beef imports on China’s domestic cattle industry— was held this Monday in Beijing, with 38 speakers and 40 observers in attendance.
Compared to the last market test, US beef import prices were mostly steady to weak on light demand. Trading was slow.
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