China trade boost to local cattle call

Australia’s $1.2 billion live cattle trade has gone from gloom to boom this month but, while welcoming the news, major players in the sector are keeping their celebrations in check as they evaluate recent events.

First came the news that Australia’s largest market, Indonesia, was planning to slash imports as it seeks to build greater self-sufficiency.

That was followed by the signing of a new protocol with China, which prompted Australian Agriculture Minister Barnaby Joyce to speculate cattle exports to that country could soar to $2 billion over a decade.


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