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Rabobank Beef Quarterly Q1: China in the Front Seat for Beef Imports in 2020

We are yet again experiencing a major disruption to one of the world’s largest beef importers, China. “The outbreak of the coronavirus in China has had a major impact on foodservice and trade. With foodservice as the main channel for sales, beef is expected to feel the impact more than others. Indications from the 2003 SARS outbreak suggest that once the virus is contained, sales and trade should rebound quickly. However, the timeframe for control remains uncertain,” according to senior animal protein analyst Angus Gidley-Baird.

In other developments:

US trade deals

Progress was made on the USMCA, and the Japan/US trade deal was approved in December. These were closely followed by the signing of the phase-one US-China trade agreement in January. Although questions remain on...

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Mar 4 8:21 AM, General News



Letter to Prime Minister: NFU Leads Charge on Trade and Standards Asks Ahead of Brexit

The National Farmers Union has taken the initiative and mobilized a huge coalition of farming, environmental, animal welfare and public health organizations to write a letter to Prime Minister Boris Johnson on trade and standards.

Sent to coincide with the passing of the Withdrawal Agreement Bill which has now had Royal Assent, the letter said:

Dear Prime Minister,

We are writing to you as a broad coalition of major farming, environment, animal welfare and public health organisations who share and support your government’s stated commitment to ensuring the environmental, animal welfare and...

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Jan 27 9:12 AM, General News


Chlorine-Washed Chicken and Hormone-Treated Beef Ban to Remain After Brexit

Chlorine-washed chicken and hormone-treated beef will not be allowed into the UK under any trade deal with the US, the Environment Secretary has told the BBC’s Countryfile program.

In an exclusive interview, Theresa Villiers told presenter Tom Heap that the current EU ban on such imports will be carried over into UK legislation following Brexit.

Ms Villiers said: “We will not be importing chlorinated-chicken. We will not be importing hormone-treated beef. Both of those are...

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Jan 14 11:52 AM, General News


REPORTER: Brexit Uncertainty: A Shadow Over Agri-trade

A tug of war between those in favor of an exit and those who wish to remain within the single market regime has showed little sign of easing. More than three years since the United Kingdom voted to leave the European Union the “divorce” process remains in limbo.

WHAT NEXT?

Despite Boris Johnson’s exit attempts, the UK’s membership was yet again extended until January 31, 2020.

Much of what happens next will be determined by a snap election set for December 12, 2019. Provided there are nomore delays, the UK exits...

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Jan 7 8:27 AM, Urner Barry


Rabobank: Poultry Quarterly Q1 2020

The outlook for global poultry in 2020 is slightly more positive than it was in 2019, when markets suffered from relative oversupply. A key driver of the gradual recovery will be ongoing strength in trade flows to Asia in order to supply African swine fever-affected markets such as China, Vietnam, South Korea, and the Philippines. These trade flows will be positive for dark-meat prices, though they will be subject to increasing volatility. Improved beef prices (the main substitute for fresh poultry), stable global average feed prices, and more balanced supply will also all support the gradual recovery. The downside is that global whole-bird and breast-meat markets will remain pressured and have limited price upside.

African swine fever (ASF) will increasingly push chicken expansion in Asia in 2020. This will help fill the gap in local protein markets affected by ASF, but it also...

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Dec 17 9:22 AM, General News


Brexit: EU Agri-Food Chain Representatives Welcome the Deal and Call for a Swift Ratification

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Oct 28 10:13 AM, General News




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