date:Apr 08, 2014
markets continue, with the aim of keeping domestic meat prices low.
Farmers in China are unlikely to take advantage of government supported beef production expansion, Rabobank noted. This means ongoing shortages in China's domestic market will continue to support rising imports of frozen beef, with Australia remaining the biggest supplier. Australia accounted for 53 percent of total import volume in 2013.
Mexicos beef markets will see tight margins into the second quarter of 2014 as beef an