date:Aug 14, 2012
Rabobank is forecasting expanded global supplies of beef in 2012, driven by herd liquidation in the United States and European Union or by natural recovery in the southern hemisphere. However, supplies will begin to ease as cuts in North American grain-fed meat production take hold. Beef production in the southern hemisphere should offset some upward pressure on prices aspasture-based production systems will be better positioned to provide supplies at lower prices, according to Rabobank.
Raboban