Farm Journal PORK: China is Just Part of the Demand Story Sparking a Surge in Pork Prices
Published March 4, 2021
African Swine Fever outbreaks in China are not the main reason why U.S. hog prices are rising. The recent strength in the U.S. hog industry has more to do with herd losses due to slightly more cases of porcine reproductive and respiratory syndrome (PRRS), some apparent herd liquidation, and stronger product markets, says Senior Animal Protein Analyst Christine McCracken. “Pork demand is really strong at retail and will likely strengthen through spring. There has also been some pipeline filling as foodservice operators are anticipating a rebound in sales as dining restrictions ease. The net result of all of this is a stronger market than most expected – which helps offset the pain of higher feed costs.”
Ag Web: 3 Forces Ready To Change The Ag Inputs Business
Published February 25, 2021
Farm Inputs Analyst Sam Taylor and Senior Grains and Oilseeds Analyst Stephen Nicholson discuss three emerging technology trends in the farm inputs industry: biologicals, agtech and e-commerce. While all three are becoming more prevalent across the industry, there are still challenges to widespread adoption. For example, there is potential for e-commerce to transform the ag inputs supply chain, but it still has a low use rate due to the large brick and mortar infrastructure in the industry.
Farmer’s Exchange: Dairy Exports Endure Pandemic
Published February 12, 2021
Global Dairy Strategist Mary Ledman discussed global supply and demand challenges at the recent Great Lakes Regional Dairy Expo. Even with pandemic setbacks, the U.S. continues to be a strong and reliable supplier of dairy products in the global market. Looking ahead, Leman expects less volatility, however rising costs for beans and corn will challenge margins for dairy producers.
Forbes: A Year Into The Pandemic, The Wine Delivery Landscape Continues To Evolve
Published February 27, 2021
“Don’t pull your foot off the gas pedal in terms of ecommerce,” says Beverages Analyst Bourcard Nesin, speaking about three drivers of change in the wine industry at the Unified Wine & Grape Symposium. Other top trends for 2021 include more innovation and category blurring (such as hard seltzer) and an increased pace of M&A.
Vegetable Growers News: RaboResearch Report: Healthy Demand For Strawberries Will Stay Strong
Published March 2, 2021
Senior Fresh Produce and Tree Nuts Analyst David Magaña explores the outlook for strawberry demand and prices in his latest Strawberry Market Update. Shipments and average annual prices for organic strawberries increased in 2020, suggesting demand growth during the pandemic. “While we expect lower price volatility in 2021, a healthy demand for strawberries will help prices remain at profitable levels for growers,” says Magaña.
CNBC: More Restaurant Jobs And The Stimulus Package Foreshadow The Industry’s Coming Recovery
Published March 6, 2020
Senior Consumer Foods Analyst Amit Sharma discusses how another round of stimulus and accelerated vaccine schedule will support a gradual recovery for the foodservice industry in 2021. Looking at the pace of Australia’s foodservice recovery, Sharma isn’t expecting the U.S. restaurant industry to spring back immediately, even once everyone has access to the vaccine. “After Australia’s cases went to single digits in July, August, it’s taken them another six months for their total food service sales to get closer to pre-pandemic levels,” says Sharma. “Cases — as vaccines pick up — will go down, and there’s pent-up demand and enthusiasm, but it takes some time for consumers to get back to their pre-pandemic habits.”
Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, and real estate services in more than 40 countries worldwide. Founded over a century ago, Rabobank today is one of the world’s largest banks with over $640 billion in assets. In the Americas, Rabobank is a premier bank to the food, agribusiness and beverage industry, providing sector expertise, strategic counsel and tailored financial solutions to clients across the entire food value chain. Additional information is available on our website or on our social media platforms, including Twitter and LinkedIn.
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