date:Mar 11, 2013
lot of imports.
After an international outbreak of mad cow disease a decade ago, China will only allow beef imports from Australia, New Zealand and Uruguay, so options to tame prices with imports appear limited.
INFLATION EXPECTATIONS
China's beef production has decreased every year since 2008, although it could rise by less than 1 percent this year, U.S. Department of Agriculture estimates suggest.
Cattle take at least a year to raise, not like chickens which need a few months at most. Pou