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ANALYSIS: Q4 Wing and Tender Performance Dependent on Price and Seasonality
It is certainly a relief to have our daily lives slowly returning to something we might recognize as normal. There is no doubt that is the case for...
Pork Remains on the Menu in Spain and Italy Even if Tourists Stay Away
Spain and Italy face a miserable summer tourism season. But does this mean a terrible year for pork, too? Remarkably, Rabobank's analysis shows that decreased international tourist activity will have a limited impact on total pork consumption in these countries.
For the full year of 2020, Rabobank expects a decrease in total pork consumption of about 6% in Spain and 2% in Italy due to reduced demand in foodservice and retail. Furthermore, pork exports to Italy from major exporters, such as Germany, Spain and Denmark, are expected to remain largely unaffected by...
COVID-19 Overshadows African Swine Fever, but ASF’s Influence Prevails
African swine fever remains the dominant issue in global animal protein – as it has been since 2018. But COVID-19 further distorts the outlook, constraining production, consumption, and trade.
ASF is still the major influence on global pork markets, and it continues to impact pig herds and restrict pork production in China, Vietnam, the Philippines, and parts of eastern Europe. As Rabobank does not anticipate an effective vaccine against ASF to be commercially available in 2020, biosecurity measures remain the most effective defense.
Herd recovery is underway in China, and has been proceeding faster than expected, but a further significant drop in...
Coronavirus Impacts Meat Consumption in China
One of the many effects from the coronavirus outbreak in China is the impacts it has had on food consumption and the demand for meat.
At the height of the outbreak, nearly all foodservice establishments were closed, with some attempting to resume business now. However, restaurants that have managed to remain open are facing a sharp decline as consumers are staying indoors. A few restaurants switched to a delivery-only model during this time to help cash flow, but consumers are still hesitant of ordering and interacting with delivery drivers.
According to Darin Friedrichs, Senior Asia Commodity Analyst at INTL FCStone, consumer sentiment has been improving as China continues to...
Packaged Facts: Global Meat Consumption On the Rise
While meat-eaters are increasingly trying plant-based protein options, meat consumption worldwide is expected to increase 1.4% per year through 2023, according to data published in the new Packaged Facts report Global Meat & Poultry Trends.
Meat and poultry consumption in the U.S. is expected to increase less than 1.0% per year through 2023, but greater gains are projected in other parts of the world. Most notably, nations in Africa and the Middle East are forecast to register the fastest increases in meat consumption, as rising living standards and income levels allow more people to incorporate meat into their regular diet.
"In many parts of the world, meat is among the least affordable food options. It is generally pricier than locally available grains, beans, vegetables, and fruit. However, as average incomes rise, more people to eat meat, first as...
McMaster University Study says No Need to Cut Down on Red Meat
A major study led by researchers at McMaster and Dalhousie universities has found that cutting back on red and processed meat has little impact on health. A panel of international scientists systematically reviewed the evidence and have recommended that most adults should continue to eat their current levels of meat. The researchers performed four systematic reviews focused on randomized controlled trials and observational studies looking at the impact of red meat and processed meat consumption on cardiometabolic and cancer outcomes. In one review of 12 trials with 54,000 people, the researchers did not find a statistically significant correlation between...
Protein Industry Reacts to Latest Coronavirus Aid Package
Study Sheds Light on U.S. Consumer Preferences on Conventional and Alternative Protein Products
100,000 Restaurants Closed Six Months into Pandemic
US Foods Fall Scoop Helps Restaurant Operators Stay On Point With Evolving Off-Premise Trends
China and Japan Suspend Pork Imports from Germany Following African Swine Fever Case
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