date:Apr 08, 2014
Growing demand for beef in China will drive global markets during the first quarter of 2014 while tightening supplies of beef will keep prices high, according to a new report from Rabobanks Food Agribusiness Research team.
Prospects for the global beef industry remains positive in Q2, with further possible upside due to continuing pressured beef supply and scarce supply of competing proteins which will continue to impact competitive positions, noted Albert Vernooij, Rabobank analyst. Brazilian