Australia’s cattle industry is experiencing a significant boost in exports to China as US beef shipments have ground to a halt amid escalating trade tensions between the world’s two largest economies. The US’ $2.5 billion beef trade to China has effectively ceased after about 300 abattoirs failed to have their export licenses renewed, creating an unexpected opportunity for Australian producers. Statistics from Meat and Livestock Australia show Australian grain-fed beef exports to China have surged nearly 40% in February and March compared to the same period last year, with 21,886 tonnes shipped during those months. “Australia is now the lone...