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Thursday, June 19, 2014

Who will benefit most from China’s red meat boom?

By Augusto Semmelroth  |  Source: MLA's NLRS, ACU

Following up on last week’s report on China, this article looks at the potential impact of the recent rise of China as a major export market on domestic cattle prices. Although all cattle categories will welcome improving Chinese demand for beef, we are in the view that grass-fed cattle, particularly heavy steers and cows, will be the ones able to seize the best benefits going forward.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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