Info
Published on: June 29, 2015
Social media pitch
Indian bovine exports slow following highest export earnings in 2014 according to Rabobank's latest research http://pr.co/p/002953
Details

India is a major player in the global bovine market and production and trade have been growing rapidly in the last 4 years. In 2014, Indian bovine meat exports recorded their highest export earnings at USD 4.7 billion. Rabobank takes a closer look at Indian export growth as well as regional outlooks from around the globe in the Beef Quarterly Q2 2015.

  • “India will continue to be a major supplier of low cost bovine meat to global markets, but the growth rate going forward could be much lower than what we have seen in the past five years. With high dependence on the Chinese demand however, India needs to find more markets to mitigate any possible volume slowdown risk from China,” says Rabobank analyst Angus Gidley-Baird.

Highlights from the Beef Quarterly Q2 2015

Brazil regained official access to China in May 2015. However in the short term, official access to China is not expected to see a large increase in Brazilian exports.

Chinese retail beef prices continue to remain stable in the first half of 2015 despite a slower economy leading to price drops across other meats.

Australian beef production and exports continue at record levels. Australian exports to the US of this volume have not been seen in the last 25 years.

The US dollar continues to perform strongly against the currencies of major beef-trading nations, assisting those countries exporting to the US, such as Canada, Mexico, Australia and New Zealand.

For more information please contact the report’s author:

Angus Gidley-Baird Angus.gidley-baird@rabobank.com

For other information, please contact Rabobank press office:

Madelon Kaspers, Madelon.Kaspers@Rabobank.com, Tel: +31 610 8872 44

For your social media ready version of this press release:

http://rabobank-food-agribusiness-research.pressdoc.com

www.rabobank.com/f&a

Follow us on Twitter:

@rabofoodagri

NOTE

The report/presentation attached is sent specifically to enable journalists to do their work, i.e. as the basis for an article or news report, or as preparation for a telephone or personal interview with a content expert. In line with good journalistic practice, a reference to the source would be appreciated

Please note that is it expressly forbidden to forward the attached report/presentation in any form to third parties, or to publish this report either partially or entirely on a website.

Rabobank has recently updated the distribution lists for Food & Agribusiness Research reports. If you have no interest in further receiving this information, please let us know and we will remove your email address promptly.

Quotes
“India will continue to be a major supplier of low cost bovine meat to global markets, but the growth rate going forward could be much lower than what we have seen in the past five years. With high dependence on the Chinese demand however, India needs to find more markets to mitigate any possible volume slowdown risk from China”.

— Rabobank analyst Angus Gidley-Baird