Brazil offers ‘substitutability’ for Aussie grinding beef in US market

Brazilian beef represented a threat to Australian lean grinding beef exports to the US, because of its direct ‘substitutability’, a US risk management expert told a red meat processor gathering in Sydney earlier today. Prof Ted Schroeder Economist Professor Ted Schroeder, the director for the Centre for Risk Management, Education and Research at Kansas State University, was speaking at the Australian Meat Processor Corporation’s annual conference in Sydney this morning. The US placed considerable value on access to Australian lean grinding beef to blend with fattier US domestic beef trim from grainfed cattle to create the ideal fat/lean percentage hamburger…

Source: Beef Central
Brazil offers ‘substitutability’ for Aussie grinding beef in US market