Beef returns are expected to remain solid from key export markets over the next quarter, with farm gate prices generally holding firm. New investment and growing sustainability awareness are emerging as the new drivers in beef industry innovation.
Rabobank’s latest Beef Quarterly Report suggests opportunities for innovation in the global beef sector are growing, driven by new investment and increasing industry awareness of the need to improve environmental and societal outcomes. here are now signs investor interest is shifting more towards animal protein with the focus on, and opportunities for innovation in larger livestock supply chains increasing.
Social and environmental factors are another catalyst for increased innovation within beef supply chains.
In the global scene trade agreements and recovery from covid-19 shape as key watch factors for beef industry participants over coming months.
Rabo research Analyst Angus Gidley-Baird, referred to the Foodservice operations will remain restricted in most parts of the world and this is unlikely to change in the first half of 2021, Brexit & the Trans-Pacific Partnership effects are still unknowns.
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