Consumers find it very expensive beef meat

According to analysts 'Rabobank' (the Dutch bank specializing in lending to the food industry and rural hozschyaystva), the demand for beef in the world is expected to decline due to excessively high, according to consumer prices.

Analyst "Rabobank" Albert Veronozh argues that due to the constant rise in prices for beef, coupled with the global slowdown in income growth and the constant threat of inflation, the consumption of this type of meat will decline in favor of cheaper poultry and pork. "We support the view that the beef supply will remain at the level of 2012, with a slight increase in the Southern Hemisphere».

situation with the rise in price of beef is related primarily to adverse weather conditions (drought) in the United States - one of the largest exporters of beef. Appreciation of the dollar also affected the increase in meat prices. In addition, significantly reduced beef exports from India.

This situation has created a favorable environment for exporters from South America, primarily in Brazil. An additional advantage for exporters of meat has created a depreciation of the Brazilian real. However, inflation in Brazil and at the same time reducing the prices of pork and poultry meat have led to a reduction in domestic consumption of beef.

hopes for an increase in demand for beef analysts attributed only to China. According to "Rabobank" beef market will continue to grow in this country by 10% annually, as well as on a number of grounds, China may open its doors to the world market, it gives us some hope for companies exporting beef.

Sources: meatinfo.ru , Rabobank Food & Agribusiness Research