Meat subsidy affects the national market as a whole, so it is not predatory pricing unless you consider the global market. In the global market, US and Australi

Meat subsidy affects the national market as a whole, so it is not predatory pricing unless you consider the global market. In the global market, US and Australian meat is better quality and cheaper than local meat in many countries (true in Hong Kong). However, while it does undercut some competition, the reality is that meat exports is a bit risky due to shipping costs and time. It does substantially affect other meat producers in other countries, just not sure at what scale. To clarify my original point: As a competitive good, meat is priced a lot lower in the US than the rest of the world. The cost of producing meat shouldn't vary that much from country to country, so why is US (and Australian) meat so much cheaper? Answer: they're both subsidized by the gov't. The effect of this is that Americans and Australians both enjoy cheap meat at a high consumption rate.