date:Apr 09, 2014
have emerged in China. Scarcity of cattle has prompted one of the leading players, Dalian-based firm Xue Long, to focus on the very high-end Wagyu market.
Its Black Angus steaks sell for RMB750/kg in Beijing, a significant premium considering regular domestic ribeye sells for RMB130/kg. Xue Long is slaughtering the Bohai Black, a breed similar in stature to the Aberdeen Angus, though shorter in height.
A gradual shift of Chinese farmers off the land and into cities means fewer breeder/fat