Rabobank’s analysis suggests that an additional 5,000 to 6,000 head daily beef packing capacity would help return US cattle supplies and packing capacity to an historical equilibrium without a sharp contraction in beef cow numbers, while still maintaining packer profitability. …
With various disruptions to the supply chain, Rabobank has revised down pork production for 2020 in major producing countries. Volatile global trading conditions are expected in the short term. …
Milk production is forecast to continue expanding across the dairy-exporting regions, despite weather-related issues, lower milk prices, and efforts to bring supply back in balance with demand in many areas, according to the latest RaboResearch Dairy Quarterly titled “Waiting for the Dust to Settle.” …
Consumer pork demand has suffered a near-term shock due to global quarantine measures, while the production and packing sectors are struggling with supply chain disruption, according to Rabobank’s latest Pork Quarterly, ‘Covid-19 Further Exacerbates Critical Situation for ASF-Affected Global Pork Industry.’ …
The upward trajectory in global dairy product prices visible in Q4 2019, stalled in Q1 2020. The onset of the coronavirus in China and the permeation across the globe have buyers and sellers scrambling to assess the market impact, according to the latest RaboResearch Dairy Quarterly titled “The Corona Hangover”. …
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