Rabobank: Global Beef Prices to Hit Record Level In 2013

Dec 14, 2012

Rabobank Releases Q4 Global Beef Industry Report

Rabobank released its Q4 and provides an outlook for global beef prices in 2013. Global beef prices are expected to set record highs in the New Year as supply will be minimal and demand will continue.

Rabobank`s final quarter of 2012 highlights the unexpected larger global supply which can largely be attributed to recovery of beef cattle herds in Brazil, Argentina, and Australia. These factors coupled with a sluggish world economy have weighed on prices globally. Looking to some of the key cattle exporting countries, prices have only risen in U.S. and New Zealand. However, it`s important to note that the increases seen in these two countries are not high enough to offset the spike in costs.

When examining year over year comparisons, the Global Cattle Price Index that begins in December was down 11% from where it began in November.

“We expect to see global supply hovering around 2012 levels, with minor ups and downs being determined by the extent to which the increase in Southern Hemisphere will outpace the reduction in Europe and the U.S,” said Guilherme Melo, Rabobank Analyst.

The report concludes that the industry is experiencing a bullish factor and the need for discipline in supply for the poultry and pork sectors. If increases in poultry and pork prices rise, it could be a benefit to the beef industry. The gap between the sources of meat proteins could see the shift in demand favorable towards the beef industry.

Video: The new CLAAS ARION 6 CMATIC: Versatility, performance & comfort – in fields, on roads and in yards.

Hard work made truly comfortable? Challenge accepted. 💪

The new CLAAS ARION 6 CMATIC tractor combines continously variable CMATIC transmission, the CEBIS operating system and innovative assistance features to make every job easier and more efficient – in the field, on the road and around the yard. With its versatility, modern design and driver comfort, the ARION 6 CMATIC is the reliable farm tractor for everyday work.

👉 The highlights of the CLAAS ARION 6 CMATIC:

• Works anywhere – whether ploughing, transport or yard work, the ARION 6 CMATIC delivers across all jobs

• Continuously variable CMATIC transmission – smooth, fuel-efficient, powerful and always in the right speed range

• Assistance systems that make everyday work easier – you get out of the cab more relaxed at the end of the day

• Strong engine with plenty of power whenever it’s needed – you stay on top of every task

• High driving comfort, even on long days – supporting you so you can keep going when it counts

• Spacious cab with clear layout and good visibility – stay comfortable, avoid strain and keep everything in view

• Built for the future – in looks and in technology, a tractor ready for every challenge ahead

The new CLAAS ARION 6 CMATIC is more than a powerful tractor – it’s a reliable partner on your farm. It combines efficiency, comfort and innovation – making it a strong choice for contractors and farming businesses alike.With the ARION 6 CMATIC you add real comfort and versatility to your work – whether you’re in the field, hauling on the road or working around the yard.