Rabobank confirms that China will continue to be the key player in the world trade in beef
The latest of Rabobank’s quarterly reports on the evolution of the beef market shows how China will continue to be the key player in this market depending on how its demand behaves, which is expected to increase in the second half of the year. anus. The contraction of US production is another focal point. “The beef cow count has fallen to the lowest point since 1962, and feeder inventories are showing a decline,” said Angus Gidley-Baird, senior animal protein analyst at Rabobank. “This is expected to cause a redistribution of global beef supplies and a general contraction of the market.”
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