Brownfield Ag News: Poultry Industry Resilient In 2020
Published January 25, 2021
Senior Animal Protein Analyst Christine McCracken says the poultry sector has shown resilience in the face of pandemic-related disruptions. “It’s really impressive how quickly people adjusted and came through it really with flying colors. Not to say it was an easy year (because) it wasn’t, but I think for the most part the food system and poultry industry did very well,” she says. McCracken says that 2021 will also have its share of challenges, including higher feed costs, an increase in global competition and continued disruption in the foodservice sector due to COVID-19.
Food Navigator: Sustainable Packaging Gains As COVID “Shock” Ebbs, But Carbon Calculations Pose Challenge
Published January 28, 2021
Supply Chains Analyst Xinnan Li discusses how efforts to switch to more renewable packaging options could be complicated by a global push to include carbon footprint calculations on food labels. “In 2021, sustainable packaging will (again) be front and center of the consumer’s minds and corporate minds, even though it was slightly paused by the COVID-19 pandemic,” said Li at the recent FoodBytes! 2021 Innovation Trends Roundtable. However, the drive to reduce carbon footprints could push some companies to favor plastic over more renewable sources, since plastic remains the highest performing barrier material for food and beverages, she explains. According to Li, the path to sustainability will heavily depend on material innovation and collaboration between corporates and startups.
Wine Business: Global Wine Market Roiled By Trade Fights, Market Changes
Published January 29, 2021
Recently at the Unified Wine & Grape Symposium, Global Beverages Strategist Stephen Rannekleiv discussed how global trade, market dynamics, and ongoing COVID-19 challenges would affect the U.S. wine industry in the year ahead. The U.S. could see something of a “K” shaped recovery in 2021, meaning that certain sectors are likely to improve steadily while others, such as the service industry, might continue to struggle, he said. The on-premise market will be one of the last to recover and likely will be very different than what the wine business remembers as the pre-pandemic normal, he added.
Capital Press: Q4 Somewhat Mirroring First Covid Wave
Published December 28, 2020
According to Dairy Analyst Ben Laine, increased feed costs are likely to keep milk production growth modest throughout 2021, but there is concern that dairy demand will slow down during the winter as COVID-19 cases spike again. Laine says the dairy industry has adapted since the initial COVID-19 surge, which should help minimize negative impacts. “We’re not reacting quite the same way, we still have a lot of the delivery going, curbside pickup and a lot of those options are still helping us through this a lot better than the initial wave,” he says.
The Packer: Lettuce Learn More Podcast — The Business Case For Contributing To A Sustainable Global Food System
Published January 8, 2021
In this episode of The Packer’s Lettuce Learn More podcast, Rabobank’s Roland Fumasi, Head of RaboResearch F&A North America, discusses how environmental, social, and economic factors come into play when establishing a business case for sustainability. He explains how the economic piece is often left out of discussions around sustainability, and provides insights as to how the produce industry can more effectively measure the cost-benefit equation for sustainability efforts.
Red River Farm Network: A Look At The U.S. And China Relationship Through A Bigger Lens
Published January 6, 2020
Senior Grains & Oilseeds Analyst Stephen Nicholson discusses the agricultural trade relationship between the U.S. and China at the Potato Business Summit. According to Nicholson, China is expected to reach its first-year purchasing goal. “We need to be thinking about China in a longer lens than just the phase one trade deal. China needs a lot of stuff,” says Nicholson. “They’re rebuilding stocks, hog herds and this is a multi-year event. Looking at this from the view of the commodity markets, this is positive.”
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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