Auction Finder
21 Aug 2018
LAMMA 2021
25 May 2021
Australia beef exports to China cut as trade tensions escalate
Australia has lowered its forecast for beef exports to China by 1.5 per cent for the 2020/21 season due to ongoing trade tensions between the two countries.
China is expected to buy 227,000 tonnes of beef in the year to June 2021, 30 per cent less than in the year earlier period.
It comes after China suspended exports of four of Australia’s largest beef exporters, with labelling issues highlighted.
Reuters reported Australian government sources who said recent bilateral tensions were likely behind the suspension.
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) said Australian wheat exports would jump to 16.5 million tonnes during the 2020/21 season.
ABARES recently increased its wheat production estimate by 25 per cent as its devastating three-year drought comes to an end.
Read More
Most Read
Most Recent
Improving crop nutrition to maximise margins
11
Patience needed to optimise beet seedbeds
10
Finding an alternative to Vydate
6
222
Vivergo Fuels to reopen Hull site
230
368
Fate of 2021 show season still unclear
256
Getting on top of boron deficiency in OSR
31
65
76
785
Freshways and Medina Dairy discuss merger
182
39
Ruthin Show Potentials top at £3750
152
44Farmers Guardian and FarmersGuardian.com are trademarks of Farmers Guardian Ltd, a subsidiary of AgriBriefing Ltd.
All material published on FGInsight.com and FarmersGuardian.com is copyrighted © 2021 by AgriBriefing Limited. All rights reserved.
