The global beef trade is going through a major shake-up. The largest producer, the United States, has just opened the fastest growth market, China, to its products for the first time in 15 years. One of the top exporters in 2016, India, has passed legislation that could severely constrain its supply. Meanwhile, two other major producers, Brazil and Australia, are struggling with their own constraints. With so much dust in the air, much is still unclear, but the one obvious winner from these developments appears to be the United States.
The global beef trade is going through a major shake-up. The largest producer, the United States, has just opened the fastest growth market, China, to its products for the first time in 15 years. One of the top exporters in 2016, India, has passed legislation that could severely constrain its supply. Meanwhile, two other major producers, Brazil and Australia, are struggling with their own constraints. With so much dust in the air, much is still unclear, but the one obvious winner from these developments appears to be the United States. Few Producers, Growing Demand A few major players dominate the global beef trade. On the supply side, there are two key factors: first, how many cattle the country can produce, and second, how much of the resulting beef will be consumed domestically.
