This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
This Website Uses Cookies
By closing this message or continuing to use our site, you agree to our cookie policy. Learn More
This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
Provisioner logo Created with Sketch.
Provisioner logo Slice 2 Created with Sketch.
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Provisioner logo Created with Sketch.
Provisioner logo Slice 2 Created with Sketch.
  • News
    • Industry News
    • Supplier News
    • New Consumer Products
  • Profiles
    • Processor Profiles
    • Processor of the Year
    • Plant of the Year
  • Processing
  • Food Safety
  • R&D
    • Ingredients
    • Formulation
  • Sustainability
  • Packaging
  • Regulations
  • More
    • Top 100 Processors
    • Videos
    • Special Reports
    • Commentary
    • Events
    • Webinars
    • Classifieds
    • White Papers
    • Provisioner Store
    • Market Research
  • Magazine
    • The National Provisioner
    • Independent Processor
    • Digital Editions
    • Contact
    • Advertise
    • Connect
    • eNewsletters
    • Source Book
  • MIHOF
Home » Rabobank expects consolidation in beef industry
Meat and Poultry Industry News

Rabobank expects consolidation in beef industry

News Brief Feature
July 20, 2011
KEYWORDS beef prices / cattle supplies / demand
Reprints
No Comments
Beef prices around the world will steady in the midterm, though a further significant price increase could trigger substitution with other meats, according to Rabobank's Q2 2011 Beef Quarterly Food & Agribusiness Research and Advisory (FAR) report. Additional highlights of the report include:

Tight cattle supplies carrying prices higher globally: Finished cattle availability is still tight throughout the world, due to cattle herd rebuilding in many producing countries after years of cow liquidation and sustained unprofitability in grain-fed markets.

Beef trade shaken by tsunami and earthquake in Japan: Natural disasters adversely affected Japanese beef market, drastically reducing local production due to livestock losses and disruption to markets; however, demand was less severely impacted than production.

U.S.to become net beef exporter as exports boom and imports tighten on weaker U.S. dollar: The U.S. became a net exporter of beef this year due to a lower U.S. dollar, robust global demand driven by supply challenges in Japan and Korea, and contracting imports.

Softening demand in the EU and U.S. a concern: Concerns are renewed among Euro regions regarding fiscal difficulties in Greece, and the resultant dampening consumer confidence; meanwhile, higher gas prices and reduced growth are hampering U.S. demand prospects, as well as an increase in unemployment and fears of a double dip in the U.S. housing market.

Macro policy tightening slowing demand growth in emerging markets: Authorities in both Brazil and China have actively intervened to slow their overheating economies and dampen the impending threat of inflation.

Beef processing consolidation expected to ramp up: The decline in global beef cattle inventories vs. processing capacity will likely lead to a renewed wave of industry consolidation and rationalization in primary beef processing.

 

Source: Rabobank

Subscribe to The National Provisioner

Related Articles

Rabobank: High global beef prices will continue in 2014

Rabobank predicts beef prices to reach record high in 2013

Rabobank: Structural changes needed to keep U.S. beef industry competitive

Beef supplies expected to decline in 2012

Related Products

Food Safety in the Seafood Industry: A Practical Guide for ISO 22000 and FSSC 22000 Implementation

The 10 Principles of Food Industry Sustainability

Related Events

The State of the Industry 2019

Related Directories

Viers Industries

Sperling Boss/Sperling Industries USA Inc.

Kohler Industries Inc.

You must login or register in order to post a comment.

Report Abusive Comment

Subscribe For Free!
  • Print & Digital Edition Subscriptions
  • eNewsletters
  • Online Registration
  • Subscription Customer Service
  • Connect with The National Provisioner

More Videos

Popular Stories

Collette Kaster, CEO, American Meat Science Association

Q&A with Collette Kaster, CEO, American Meat Science Association

Scott Sechler Jr., Scott Sechler Sr., and Margo Sechler

Bell & Evans: Top-shelf trailblazing

newsbriefs

JBS USA intends to purchase Pipestone Facility from J&B Group

Andy Hanacek Pointing to Fake Meat Tabloid

From the Editor's Desk: 'OK to eat meat' not a new message!

Thanksgiving Dinner

Fact or fiction: Turkey makes you sleepy

The National Provisioner 2019 State of the Industry Report
 
The National Provisioner 2019 Top 100 Meat and Poultry Processors

Events

January 27, 2020

Meat Industry Hall of Fame

Meat Industry Hall of FameThe Meat Industry Hall of Fame Dinner and Awards Ceremony will recognize the prestigious Class of 2019, on the evening of Jan. 27, 2020, in Atlanta, GA. This Elite Networking Event is co-located with the International Production & Processing Expo (IPPE).
January 1, 2030

Webinar Sponsorship Information

For webinar sponsorship information, visit www.bnpevents.com/webinars or email webinars@bnpmedia.com.

View All Submit An Event

Products

Advances in Meat Processing Technology

Advances in Meat Processing Technology

See More Products

The National Provisioner

The National Provisioner December 2019 Cover

December 2019

Check out the December 2019 issue of The National Provisioner, featuring our cover story on chicken processor Bell & Evans, the 2020 Economic Outlook for meat and poultry, and much more.

View More Create Account

Independent Processor

Independent Processor December 2019 Cover

December 2019

Check out the December 2019 issue of Independent Processor, featuring our cover story on the family-run Dayton Meat Products, an exciting culinary trend showcased at CAB's annual conference, and much more.

View More Create Account
  • Proteins
    • Beef
    • Pork
    • Chicken
    • Turkey
    • Burgers
    • Sausage
    • Bacon
    • Deli
    • Seafood
    • Lamb / Veal
  • More
    • Want More
    • Partners
    • Food & Beverage Brands
    • Interactive Product Spotlights
    • List Rental
    • Survey And Sample
    • Privacy Policy
  • Expert Commentary
    • Editors Viewpoint
    • Fight for Food Safety
    • Legislative
  • Advertise With Us
    • The National Provisioner
    • Independent Processor
  • Subscribe

Copyright ©2019. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing