China wants cheaper beef

By Jamie-Lee Oldfield
Updated May 6 2021 - 12:07pm, first published 12:02pm
PRICE PRESSURE: Rabobank senior animal protein analyst Chenjun Pan said the US has been taking advantage of the protein gap in China.
PRICE PRESSURE: Rabobank senior animal protein analyst Chenjun Pan said the US has been taking advantage of the protein gap in China.

China has grown to become one of Australia's largest beef markets, but record domestic cattle prices have Chinese importers looking elsewhere to fill their protein gap.

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