Beef Magazine is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Global Beef Supply Forecast To Remain Tight

Lower feed costs and induced herd rebuilding in the U.S. will contribute to tight supply, a Rabobank analysis finds.

According to a new report from Rabobank, global beef supply will remain tight into 2014, driven by lower feed costs, induced herd rebuilding in the U.S., and the strong export demand from Brazil and Argentina.

Meanwhile, China's demand for imports is expected to increase.

"The Rabobank Global Cattle Price Index improved further in 2013, supported by both continuing strong Chinese import growth and lower-than-expected supply in the main export markets, making cattle prices mainly positive," explained Rabobank analyst Albert Vernooij.

However, the market has been unable to reach its full potential due to consumers' resistance against high prices in the U.S. and the European Union. In addition, exchange rate movements have impacted the competitive position of exporters, resulting in Brazilian and Argentine beef becoming increasingly attractive and leading to a surge in exports.

To read more about global beef supplies, click here.



You might also like:

10 Best Christmas On The Ranch Photos

What Exactly Is Transparency In Agriculture?

4 Tips To Cut Your Winter Feeding Bill

More Consumers Are Realizing The Dishonesty Of The Animal Rights Industry

Share This --> Simple Infographics That Explain Beef Industry Basics

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.