date:Aug 14, 2012
ks Global Cattle Price Index declined 7 percent on weaker demand for beef and a stronger US dollar, according to Rabobanks Food Agribusiness Research and Advisory group. The Index began the third quarter down 3 percent compared to where it began in the comparable 2011 period. Beef supplies are relatively short although Brazil was the only major producer to show significant production growth, according to Rabobank.
Longer term, global meat protein supplies, and especially beef, will continue to