Beef livestock in Brazil should have an increase in supply and recovery

게시됨 2022년 11월 16일

Tridge 요약

Rabobank's new report identifies opportunities for Brazilian agribusiness, particularly beef, due to the anticipated recovery of China's foodservice sector from Covid-19 restrictions. The recovery and the increase in pork prices are expected to make beef more competitive, benefiting Brazil. With Australia potentially increasing its beef supply, Brazil could face competition in the US market, but opportunities in the Middle East and Europe are expected to persist. The report warns of potential pressure on live cattle and beef prices due to increased supply and local demand recovery, emphasizing the need for efficiency and productivity within the industry.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

The new report on perspectives for Brazilian agribusiness, produced by Rabobank, indicated that the supply of beef should increase with the recovery of domestic consumption. “It is worth remembering that there is an expectation about the future of policies to combat Covid-19 in China”, he comments. “Well, the foodservice sector was one of the most impacted by the zero tolerance policy applied by the government. In case of new lockdowns, with the Chinese spending more time at home (and consuming less away from home), added to the strong recovery in wholesale/retail pork prices, which increases the competitiveness of beef for part of the population, new opportunities for Brazilian beef may arise”, he adds. In this scenario, Brazil is well positioned not only for price reasons, but also for the supply potential. “Australia, which is historically a major beef supplier to the US, is set to have a year of increased supply and could impact competition in that market as well. The Middle ...

출처: Agrolink