China’s eCommerce to sell Montana Beef

The Montana Stockgrowers Association (MSGA) and JD.com, a Chinese eCommerce firm, have proposed an initial three-year minimum commitment of $200 million in Montana beef to be imported by JD.com from BSGA. In addition, $100 million will be invested in a processing facility. If this agreement is fulfilled, JD.com’s purchase of beef will increase Montana beef export sales by as much as 40 percent in 2018.

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