Insight into Russia’s Beef Industry Growth
TL;DR: Brad Robinson shared insights on developing Russia’s beef industry, emphasising integrated supply chains, international collaborations, and cultural initiatives to engage local communities, offering lessons for global competitors. Students and young people involved in the industry recently learned about Russia’s fast-growing beef sector, an area not widely known on the global stage. Brad Robinson shared […]
India and Brazil Emerge as Key Players in Global Agriculture
TL;DR: At the International Sweetener Colloquium held in Aventura, Florida, analysts highlighted the shifting dynamics in global agriculture, with India and Brazil taking centre stage. Michael Zerr, a lead analyst at Cargill, discussed the evolving food import needs and the global dependency on Brazil for sugar supply. Zerr addressed the historical concerns of population growth […]
Global Food Commodities Experience Varied Price Trends in December
The United Nations Food and Agriculture Organization (FAO) has released data indicating a mixed trend in the prices of key food commodities during December. The FAO Food Price Index, a measure of monthly changes in international prices of a basket of food commodities, stood at an average of 118.5 points in December. This represents a […]
FAO’s Upcoming Reports at COP28 to Advocate for Reduced Western Meat Consumption
The Food and Agricultural Organization (FAO) of the United Nations is gearing up to present a series of influential reports at the UN Climate Change Conference COP28. These reports will focus on advocating for a reduction in meat consumption in Western countries, including the United States, as a crucial step towards global sustainability. Set to […]
Examining the Claims of Climate Neutrality in the Meat and Dairy Industries
Recent Studies and Industry Responses Recent publications in livestock science journals have sparked a debate over the possibility of the meat and dairy industries achieving climate neutrality, primarily through reducing methane emissions. A notable study suggests that the US dairy industry could reach climate neutrality by 2050 by annually reducing methane emissions by 1% to […]
Rabobank’s 2024 Poultry Market Forecast: Growth Amidst Challenges
Rabobank’s Q1 2024 poultry report presents a cautiously optimistic outlook for the poultry industry, predicting a growth of 1.5% to 2%. This marks a slight improvement from the 1.1% growth in 2023, with Southeast Asia, the Middle East, and Latin America expected to drive this expansion. Nan-Dirk Mulder, Rabobank’s Senior Analyst of Animal Protein, underscores […]
Agriculture and Food Excluded from Final COP28 Declaration, Says US Agriculture Secretary
US Agriculture Secretary Tom Vilsack has announced that the final declaration of the 28th Conference of the Parties (COP28) will not significantly address agriculture and food. The conference, a key decision-making event under the United Nations Framework Convention on Climate Change, is concluding in Dubai, United Arab Emirates. Despite a special day dedicated to agriculture […]
2024 Outlook for Global Animal Protein: Growth Slows Amidst Market Pressures
Rabobank’s Global Animal Protein Outlook report for 2024 forecasts a deceleration in the growth of animal protein production, marking a shift from the consistent growth observed over the past four years. This slowdown is attributed to a range of market challenges, with producers and processors facing the need to adapt to sustain their success in […]
Meat Industry’s Influence at Cop28 Climate Conference
At the upcoming Cop28 climate conference in Dubai, major meat companies and their lobby groups are preparing to present a strong pro-meat stance. Documents obtained by the Guardian and DeSmog reveal plans by the world’s largest meat company, JBS, along with other significant players like the Global Dairy Platform and the North American Meat Institute, […]
Contrasting Dynamics in Worldwide Beef Markets: Insights from Rabobank’s Report
In its most recent Global Beef Quarterly, Rabobank presents a detailed analysis revealing a pronounced dichotomy in the beef markets across hemispheres. The United States is navigating a period marked by escalating prices and diminishing beef production. This stands in stark contrast to the Southern Hemisphere, particularly in countries like Australia and Brazil, where there’s […]