Hopes that China losing its crown as our top red meat exporter for April won't last long
Hopes that China losing its crown as our top red meat exporter for April won't last long
3 June 2024
Chinese exports in April were down 37 percent to 231-million-dollars from a year ago, with the US rising 19 percent to 261-million-dollars.
Meat Industry Association chief executive Sirma Karapeeva says the decline's partly down to China's ongoing economic woes.
She says China also have to work through significant stockpiling in their freezers, and demand will be a bit softer as they work through that.
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