date:Jun 27, 2014
Canada and Costa Rica.
The Chinese market for global beef exporters has also become more attractive over the last decade because of the sharp rise in prices.
Since 2000 beef prices have risen fivefold going up with GDP. The cattle herd has risen by 44.3 per cent and beef output has increased by more than 2000 per cent, but China still needs to import beef to satisfy the growing demand.
Production, while growing, is still fragmented with the top six companies only producing 2.2 per cent of nat