LIVESTOCK MARKETS: South American beef to increase global presence

LIVESTOCK MARKETS: South American beef to increase global presence

Rabobank says imports to China will increase while imports to U.S. will decline.

South America's beef exporters are set to increase exports by an estimated 11% in 2016 (Figure), supported by favorable currency values, improved access to importing countries and increased availability of beef, according to Rabobank's newly released “Beef Quarterly Q1 2016” report.

“While Brazilian consumers are seeing their purchasing power decline, local beef prices remain high,” the report notes.

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