The new Chinese owners of one of the biggest Australian cattle stations Kimberley, plan to double cattle capacity with a 10 million USD investment.
World Meat News
CHINA has lifted a three-month ban on beef and lamb processed by Australian exporters, which costing them a million dollars a day.
The area of farmland under Chinese ownership dramatically increased over the past year and as the level of U.S. and UK ownership drop down.
Meat & Livestock Australia has launched marketing campaign positioning Lamb as the meat more people can eat regardless of their religious beliefs, background or dietary requirements.
China now placed a temporary ban for export beef to China on six beef processing plants in Australia.
Beef prices in Australia finally set to tumble in last half of this year, with production up, the price drop has caused some concern.