date:Mar 19, 2014
and strong demand helped push U.S. live cattle futures to a record high last month.
With steps afoot to ease import restrictions, Brazil and India are fighting to corner a bigger share of the Chinese beef market and fill the gap left by Australia, which could struggle to regain its foothold given lower pricing by some competitors.
The volume of beef imports in the grey market is thought to be well above official imports of 400,000 tonnes last year.
This isn't easy to estimate but according t