Does Argentina's beef exports freeze open fresh opportunity in China for Australian producers?
3 years, 7 months ago

Does Argentina's beef exports freeze open fresh opportunity in China for Australian producers?

ABC  

After one of China's largest suppliers announced a snap 30-day ban on all beef exports this week, industry leaders have been left wondering who will fill the void. Key points: The Argentine government wants to lower domestic beef prices with a 30-day export ban Argentina exported about 750,000 tonnes of beef last year, mostly to China Australian exporters have diversified export markets due to trade tensions with China Argentina is one of the world's biggest beef exporters, shifting about $US3 billion worth of produce last year, mostly 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. 'Too much risk' KC Natural export manager William Zheng said many Australian exporters had gone looking for additional markets due to trade tensions between China and Australia. A political beef Australian National University's Owen McNamara, who specialises in the food production systems of Argentina, said it was no surprise President Fernandez was trying to lower the price of beef by banning exports.

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