July 7, 2014

Asian demand for beef, lamb and poultry surges ahead of western markets

Asian demand for beef, lamb and poultry is surging ahead of traditional Western markets and Australian farmers need to shift their focus. That was the message from the New York-based head of Rabobank’s Food and Agribusiness Research, Bill Cordingley, on a visit to south east South Australia this week. Mr Cordingley says demand from emerging markets is driving prices up, as consumers in western countries, especially America, recover from the recession. Products like poultry, pork and ground beef, which are usually cheaper, are heavily sought after and becoming more expensive. Read More

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