Chinese Demand For U.S. Meats Expected To Impact Market
China’s growing middle class seems to have a growing taste for U.S. beef, pork and poultry.
William Westman, of the American Meat Institute suggests when China officially opens its market to the United States it will have a big impact on world markets.
“In 2011 exports of beef, pork and poultry to the China, Hong Kong region totaled 1.2 million metric tons. That’s up 16 1/2 percent from 2010 and that’s with restrictions in the market and high tariffs.”
Westman says the total of those exports was $2.1 billion dollars. He says that demand is expected to continue to rise.