Does Argentina's Beef Exports Freeze Open Fresh Opportunity In China For Australian Producers?

Does Argentina's Beef Exports Freeze Open Fresh Opportunity In China For Australian Producers?

After one of China's largest suppliers announced a snap 30-day ban on all beef exports this week, industry leaders wonder who will fill the void.

Andrew H. Sweet
  • Argentina is one of the world's biggest beef exporters, shifting about $US3 billion worth of produce last year, mainly to China.
  • Domestic beef prices have soared, and President Alberto Fernandez, facing an election in November, has taken action and implemented "emergency measures" to drive down local retail prices.
  • Does this present an opportunity for Australian farmers to bump up beef exports to China?
  • After a year of China slapping tariffs on Australian exports such as barley, wine, lobster and suspending trade from several beef exporters, industry insiders said that was unlikely.

Read the original story here.

Comments

Sign in or become a tippinsights member to join the conversation.
Just enter your email below to get a log in link.