Fourteen Australian red meat exporters attending the SIAL trade show in Shanghai a fortnight ago came home amazed at the amount of interest and depth of demand for Australian beef and sheepmeat at the event.
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ANY lingering doubts that China might be a transient or opportunistic customer for Australian export beef were swept away forever during a major trade fair in Shanghai last week, where our red meat exporter-exhibitors were overwhelmed with trade prospects
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A much-needed softening in the value of the A$ - falling below parity against the US$ for the first time in a year over the weekend - could be one of the catalysts for a rally in imported grinding beef prices in the US in coming months.
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