The Chinese are getting a lot of red meat out of Australia, it's great for the Aussie farmers needing to destock due to catastrophic drought. My wifes grandfather lost his farm in 1974 due to drought, it was not too bad where they are in NE NSW but the entire East coast was in drought and the prices for everything crashed. Once the Aussie drought finishes the demand for NZ meat should be higher, until the Chinese pork industry gets itself going again. Farmers are all hoping the Chinese consumer will have developed a taste for beef/lamb by then!
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