Investment Report On China’s Beef Industry
China is the third largest beef producer in the world, with estimated production of more than 7 million tons. The industry is trending toward larger farms (which currently make up 11% of the industry) and more modern slaughterhouses for beef cows (currently 13% of the industry).
In 2007, there were about 1,000 cattle slaughterhouses in China had have a total capacity of at least 12 million heads per year. Total beef production from these slaughterhouses was less than 1 million tons, however, which accounts for only 13% of national beef production. The largest company slaughtered 150 thousand cows in 2007.
There have been serious meat quality problems found at illegal cow slaughter operations, and this report predicts that China will begin to more actively legislate small slaughterhouses and also punish illegal slaughtering to better control beef quality.