CNN Business: Coffee drinkers are seeking out subscriptions and higher-end beans amid the pandemic
Published June 21, 2020
Senior Beverage Analyst Jim Watson discusses how the Covid-19 pandemic has led many consumers to drink more specialty and high-end coffee at home. “Even during a time of recession, the higher-end at-home coffee purchases could have some staying power, he tells CNN Business.
Read the full story
FSR Magazine: It Will Take Years for the Restaurant Industry to Recover
Published June 20, 2020
It will take years for the foodservice industry to recover from the effects of Covid-19, and the speed of the recovery will not be uniform across all sectors, according to Senior Consumer Foods Analyst Amit Sharma. FSR Magazine explores findings from Sharma’s latest report and the new set of winners and losers that are set to emerge in the post-pandemic foodservice landscape.
Bloomberg Businessweek: Pricey Greens From Indoor Farms Are Thriving in the Covid Era
Published June 19th, 2020
Senior Analyst Roland Fumasi discusses why indoor farming businesses are seeing rapid growth during the pandemic, and explains how these companies can position themselves for success moving forward. “To make the economics work, it has to be in high-value crops, like herbs, specialty greens, and berries,” he tells Bloomberg Businessweek. The companies best positioned to succeed, he continues, are those that focus on regional distribution models, instead of hyperlocal.
Meatingplace: Double-Digit Meat Sales Continue, Prices High
Published June 22, 2020
Senior Animal Protein Analyst Christine McCracken expects the meat industry supply landscape to improve in the coming weeks as plants continue to run at nearly full capacity. Though production has grown, there is a surplus of bone-in products, which are not as favorable amongst consumers, she notes. “The reopening of foodservice in many parts of the country has helped, yet demand in the sizable Northeast market remains slow. At this point there is limited visibility around how quickly we could see a return to normal,” she says.
RFD TV: Rabobank on the Outlook of Ethanol’s Recovery
Published June 24, 2020
RFD TV speaks with Senior Grains and Oilseeds Analyst Erin FitzPatrick about how the Covid-19 pandemic has affected corn producers, and what a recovery will look like. “We believe it is going to be more a muted recovery and it’s going to be slow coming back to the pre-pandemic levels…We do see a recovery happening, we’re just not as optimistic as USDA would imply in their numbers,” she says.
Food Dive: Dairy industry faces a slow recovery from the pandemic
Published June 24, 2020
Dairy Analyst Ben Laine discusses the outlook for the U.S. dairy industry in Rabobank’s Dairy Quarterly Q2 report, “Waiting for the Dust to Settle.” He explains it will take time for dairy markets to return to pre-coronavirus norms. “The Northern Hemisphere has experienced a rebound in milk and dairy product prices toward the end of Q2, but it may be too soon to call this a true recovery,” he says.
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
Senior Animal Protein Analyst Christine McCracken reports mixed production results for the meat industry, with pork and beef production on the rise...
Senior Protein Analyst Don Close explains how discounting meat products can help preserve consumer demand.
At Rabobank, we are deeply committed to the communities in which we live and work. Our employees across North America share this passion and strive...