date:Jun 19, 2014
h a market share of well over half in the year to date. This situation is expected to continue for some time, with reports suggesting that several Chinese companies have invested in cattle breeding in Australia. In the first four months of the year, shipments were up more than 50% year on year.
However, it says that the forecasts by the Chinese government for an increase in beef production in the long-term may be ambitious. It goes on to say that increased Chinese demand for beef from Australia