The Olympic Games is proving a major boost for Brazilian beef sales in China but consumers have been warned of unscrupulous meat vendors and beef masquerading as Brazilian.
Australia has been overtaken by Brazil as China's primary source of beef following a surge in Brazilian beef exports to the country, according to Rabobank.
Brazil is expected to export its first shipments of fresh beef to the US by mid-2016, despite the fact it has not yet secured access to the US market, according to a report from Rabobank.