China bans import of meat from 6 Australian companies
The Dollar Business Bureau China has barred the import of beef and lamb from six Australian companies, raising worries about the reliability of the country’s $750 million meat export trade with the East Asian nation. The temporary ban is linked to meatworks in certain locations across the three Australian states, with import authorities of China imposing the ban due to non-compliance of labels with paperwork. However, it is believed that the meat import ban by China is in retaliation for Australia’s move earlier this year for banning the imports of all fresh and cooked prawns from the Asian powerhouse. The prawn ban, which also impacted the prawns from Vietnam, was imposed by Australian government after the outbreak of white spot disease that devastated various ...
India imports 140,000 T wheat from Aus in FY16
The Dollar Business Bureau India has imported almost 140,000 tonnes of Australian-origin wheat in the past couple of weeks this year, as the country increased its wheat stock after a poor crop last season. Indian mills purchased around 60,000 tonnes of Australian wheat in their first international purchases this year. Indian importers have purchased wheat from Australia as well as other countries. Domestic wheat production remained less in 2015 due to unseasonal rain at the time of harvesting. The country’s total wheat imports are expected to escalate to its highest this season due to unseasonal rain and severe drought due to El Nino phenomenon. . Recently, the Indian government had increased the duty on wheat imports to 25% for three months to June 30, ...
