A strong US dollar has led to a reduction in US exports and support for US imports, while a weakening Chinese economy and devaluation of the yuan are curbing beef prices in China, and the devaluation of the real is expected to support Brazilian exports in the coming months. “With little change expected in major beef-trading economies in the coming quarter, other than a possibility of the US FOMC raising interest rates, a strong US currency is expected to continue to affect global beef trade”, according to Angus Gidley-Baird, Senior Animal Protein Analyst at Rabobank.
Highlights from the Beef Quarterly Q3 2015
For more information please contact the report’s author:
Angus Gidley-Baird Angus.email@example.com
For other information, please contact Rabobank press office:
Madelon Kaspers, Madelon.Kaspers@Rabobank.com, Tel: +31 610 8872 44
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