China to Build Beef Processing and Storage Plant23 July 2013
CHINA - A large beef cold chain logistics project is to be built in Binzhou City, Shangdong province in China.
According to Meat and Livestock Australia, Shandong News reports that the project aims to build a high level, modern beef processing plant with an annual slaughter capacity of 90,000 head – along with a large beef storage and logistics centre, in accordance with export inspection standard set by Chinese quarantine and EU export requirements.
The plant is reported to be scheduled to be in operation this year.
Boneless beef retail prices in China during June hit record prices at RMB 58.86/kg (A$10.35), with bone-in sheep meat reaching at RMB 61.41/kg (A$10.80) – the second highest monthly prices on record, according to the Chinese Ministry of Agriculture.
Chicken carcase retail prices were at RMB 16.33/kg (A$2.85) – seven per cent higher than the previous month. Boneless pork prices rose six per cent from the previous month, to RMB 23.14/kg (A$4.05).
However, the monthly pork prices were still four per cent lower than June 2008 and 13 per cent below the start of the year.
TheMeatSite News Desk