Replies to post #32685 on Sino Agro Food Inc (fka SIAF)

[viking86]

Thanks for the info, TT. The trend is your friend. This ought to play into SIAF's pocket. Nice place to be imo.

Loss of farmland and farm labor to urbanization - China's cities are swelling as they absorb hundreds of millions of people - and grazing restrictions due to land degradation add to food production costs.

"The more the economy develops, the harder it is to raise calves," said Wang Jimin, who tracks China's cattle trends at the Chinese Academy of Agricultural Science's Rural Economic Development Institute.

"In the short term, I don't see meat prices falling unless there are a lot of imports."

After an international outbreak of mad cow disease a decade ago, China will only allow beef imports from Australia, New Zealand and Uruguay, so options to tame prices with imports appear limited.