Beef in demand but tight supplies and high prices…
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From Australia to the United States and everywhere between, tight supplies of beef will be a common theme in 2015, according to the latest Rabobank Beef Quarterly report.
“Global beef supply continues to remain tight in Q1 2015, although Australian exports remain high as drought continues,” says Rabobank Animal Protein Analyst Angus Gidley-Baird. “Continued liquidation of the cattle herd and possible improved seasons will lead to a reduction in Australia’s beef production through 2015.”