On Friday, China\'s Commerce Ministry announced they will begin an investigation into beef imports. China is struggling with an oversupplied market after beef imports in 2023 surged to $14.2 billion from $8.2 billion in 2019. Brazil accounts for 42% of beef imports, followed by Argentina and Australia; those three are expected to be impacted most by the investigation.

<div class=\"default-font-wrapper\" style=\"line-height: 1;font-size: 12pt; font-family: Verdana, Geneva, sans-serif;\">On Friday, China\'s Commerce Ministry announced they will begin an investigation into beef imports.  China is struggling with an oversupplied market after beef imports in 2023 surged to $14.2 billion from $8.2 billion in 2019.  Brazil accounts for 42% of beef imports, followed by Argentina and Australia; those three are expected to be impacted most by the investigation.</div>