Europe’s poultry producers can expect “consumption to hold steady” in 2023, but beef and pork consumption could “decline slightly” next year, according to a new research report from Rabobank. The Global Animal Protein Outlook published by RaboResearch today (Monday, December 5) outlines that it will be another “year of change for the sector”.
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Europe’s poultry producers can expect “consumption to hold steady” in 2023, but beef and pork consumption could “decline slightly” next year, according to a new research report from Rabobank. The Global Animal Protein Outlook published by RaboResearch today (Monday, December 5) outlines that it will be another “year of change for the sector”. The report also highlights that producers and processors of meat, poultry and seafood are approaching 2023 after a year marked by “rising input prices and supply chain disruption”. The RaboResearch report notes that producers and processors also face the “need to adapt to sustainability challenges and disease threats to animal health if they are to remain competitive in the market over the longer-term”. In its Global Animal Protein Outlook 2023 report, RaboResearch outlines that prices paid for animal protein in 2023 will be “supported” by high feed costs and elevated energy prices. High costs in 2023 Looking back on 2022 Justin Sherrard, ...
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