Meat Output Curbs in Australia Could Spur Near-Term Shortages
- Panic buying evident ahead of measures set for midnight Friday
- Country’s supply chains should see little impact longer term
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Fresh curbs on meat production in Australia’s second-most populous state are unlikely to have a long-term impact on the country’s supply chains, though consumers will experience near-term shortages in grocery stores amid panic buying, according to analysts.
Most meatworks and processors in Victoria will from midnight Friday have to cut on-site worker numbers to two-thirds, as the government tries to stem coronavirus transmission amid stubbornly high cases.