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Cheap "premium" food thanks to Coronavirus?

Discussion in 'Geek Food' started by neRok, Mar 5, 2020.

  1. neRok

    neRok Member

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    It sounds like there are some companies with premium stock/produce that was intended for export to China, but it hasn't happened. They are now sitting on lots of stock. For example, ABC showed a company that exports cray fish (all of their "premium" stock is exported), the recent Chinese new year being their peak period, and they have sold basically nothing. They are hoping they might be able to export it soon. But if they don't, hopefully they will sell it locally for a fair price. So my question is, where are the deals?! :leet:

    Taken from the transcript;

    PETER MCCUTCHEON: For other Australian businesses, it's the disruption inside China that is causing headaches.

    FELICITY EMMETT: There's a big impact on the agriculture sector, who are unable to sell into the Chinese market at a peak time, the lunar new year, which is one of their best times, so lots of specialist food producers not able to sell.

    ANDREW FERGUSON, MANAGING DIRECTOR, FERGUSON AUSTRALIA: It's certainly put a bit of a dent in the last two months, a big dent in our income. But, you know, it's probably millions of dollars of income that we haven't seen through the business.

    PETER MCCUTCHEON: Adelaide-based lobster exporter Ferguson Australia sends nearly all its seafood to China. The company hopes it can claw back some of its losses if the crisis ends soon.

    ANDREW FERGUSON: Our fishing boats have all stopped at the moment due to the virus, and so has the rest of the fleet, and the season usually finishes at the end of May, so we've still got a bit of time in the season to keep catching the quota.
     
    Last edited: Mar 5, 2020
  2. kjparker

    kjparker Member

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    Would you want crayfish that has been sitting around that long though?
     
  3. Hater

    Hater Member

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    I think they keep them alive in tanks for export don't they?
     
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  4. OP
    OP
    neRok

    neRok Member

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    Yes. They seemed to be still alive in tanks. But beef exports is another one that is affected.
     
  5. JSmithDTV

    JSmithDTV Member

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    Maybe we'll finally get the top wagyu here?


    JSmith
     
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  6. connico

    connico Member

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    What's wrong with aged beef :p
     
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  7. Daft_Munt

    Daft_Munt Member

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    Tassie crays were sold off the boats. Not dirt cheap at $60+ kg.
     
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  8. mtma

    mtma Member

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    No because the 'top' wagyu is selected and exported to Japan, finished and imported again.
     
  9. JSmithDTV

    JSmithDTV Member

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  10. mtma

    mtma Member

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    Pay wall

    I could believe that though, wagyu is obviously not the cheapest kind of meat even when finished here and our beef is widely exported.
     
  11. Nethiuz

    Nethiuz Member

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    Picked up some massive Banana prawns for $15 kilo yesterday.
     
  12. OP
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    neRok

    neRok Member

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    Where from? Give us the deets!
     
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  13. Nethiuz

    Nethiuz Member

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    Coles Stockland Earlville Cairns 4870
     
  14. 6thgear

    6thgear Member

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    Article in the age had the fishermen crying poor about cray prices. Like they couldn't survive selling them at $70 or $80 per cray. Honestly hilarious. It's good that these prices are coming down, the export market means that many Australians never enjoy the great produce we have and now some may have a better chance at affording some of it.
     
  15. shredder

    shredder Member

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    So just pop on over!

    (prawns in north Qld, omg)
     
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  16. macktheknife

    macktheknife Member

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    Never going to happen. They'd rather throw everything out and stop producing/catching than sell to us in Australia, it'd kill their value when the panic subsides.
     
  17. BurningFeetMan

    BurningFeetMan Member

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    Hopefully wild caught animals get a break from their relentless trapping, hunting and killing, it's not like humans can take a hint from what's just originated from wet markets though.
     
  18. Daft_Munt

    Daft_Munt Member

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    Have you seen what these guys pay for a quota? Tas is around $60kg quota fee.

    Good thing about leaving them on the east coast is they can munch on the urchins and save the kelp forest.
     
  19. KANNIS

    KANNIS Member

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    So where was all this "premium" food before Covid?
     
  20. power

    power Member

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    sent overseas.
     

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