Rabobank: Momentum Is Building in Sustainable Beef
Strong beef demand in China, with imports in 1H 2019 up by more than 50% YOY, and trade uncertainty – including the US-China trade war, Brexit, and new Mercosur access to the EU – are the dominant themes in global beef, according to Rabobank’s Beef Quarterly for Q3 2019.
Senior animal protein analyst Angus Gidley-Baird: “The supply position in the US remains solid, while supply in Australia and New Zealand is tight, but improving in Brazil. At the same time, beef production globally is coming under increasing scrutiny over its impact on animals and the environment. The past 12 months have seen a marked increase in beef supply chain responses to such scrutiny, and we expect even more in the coming 12 months.”
Rabobank expects this pace of change around sustainability in beef supply chains to increase further. The market will continue to...
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