Explore the latest developments concerning Australian prime beef.
Australian prime beef producers brace for fresh China tariff pain
High-quality Australian beef may soon be in short supply in Chinese shops. (ABC Landline: Pip Courtney)
Australian wagyu and Angus beef producers are predicting a challenging year after China imposed a 55 per cent tariff on exports exceeding an annual quota.
One worries big processors will take up the quota with cheap cuts, squeezing prime beef out of China and into markets playing "hard ball".
An analyst says Australian beef prices could drop as global competition grows.
Australian cattle farmers producing wagyu and Angus beef are likely to be among the hardest hit by China's 55 per cent tariff on beef exceeding the 205,000-tonne quota.
China imposes beef quotas, now all eyes on Australia’s EU trade deal
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China’s decision to restrict beef imports from Australia and other major suppliers to protect domestic producers will ramp up pressure on Labor to secure a strong free trade deal with the European Union after years of failed negotiations.
Discussions between the EU and Australia over free trade have dragged on for years and collapsed in October 2023 over Australia’s demands for greater market access for locally produced beef, sheep meat, dairy and sugar.
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