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Global beef quarterly Q1 2024: Cost-conscious consumers and production changes are influencing global beef trade
The divergence between cattle prices in the two hemispheres that occurred throughout 2023 appears to have stabilized, but seasonal conditions continue to influence markets where consumer demand is weaker. Without strong demand pulling volume through the supply chain and bidding prices up, price setting falls back to the producer end of the chain and, with it, increased exposure to seasonal conditions and producer sentiment. Our outlook for global beef production remains neutral, with increases in Australia and Brazil offsetting declines in Europe and the US.
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Global beef quarterly Q1 2024: Cost-conscious consumers and production changes are influencing global beef trade The divergence between cattle prices in the two hemispheres that occurred...
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Global pork quarterly Q1 2024: Markets remain under pressure Production will slow in 2024 as the sow herd contracts in the main production...
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Global poultry quarterly Q1 2024: Outlook 2024 – Recovering market growth, ongoing focus on affordability and efficiency The 2024 outlook for the global poultry market is moderately positive, with a...
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Global animal protein outlook 2024: Adapting to structural changes to sustain success Animal protein production will keep growing in 2024, but at a slower pace, as...
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World Pork Map 2023: Global Pork Trade Remains Dynamic The past five years have been a roller coaster ride for the global pork trade...