Billionaire Forrest Sees Fortune in Australian Beef To China
date:May 30, 2014
imports of meat accounted for an average 9.2% of meat consumption globally last year, up from 6.8% in 2000, Commonwealth Bank of Australia said in January.

The middle class is now the size of America and it is growing by 28 million people a year and if you think about how many extra mouths that means, its quite mind-blowing, Matthew Costello, an animal proteins analyst at Rabobank, said by phone. China has a declining local production and their herd is declining because of urbanization.

Famil
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