Rabobank

Herd contraction in the world’s four largest beef-producing nations – the US, Brazil, China and Europe – is expected to lead to the first reduction in global beef supply since the Covid-19 pandemic, altering trade flows in the year ahead, Rabobank says in a recently-released research report. In its latest (Q4) Global Beef Quarterly, titled Navigating declining global production, uncertainty in 2025 … Brazil and the US are likely to lead declines in beef production next year.

A new RaboResearch report expects milk supply growth from the biggest exporting regions in the second half of 2024. Growth is expected to continue into 2025, with gains anticipated in all major regions for the first time since 2020.

As key players in the food supply chain set targets for reducing greenhouse gas (GHG) emissions, Australia’s dairy sector is grappling with how to best transition to lower- emissions production, and how the cost will be borne, Rabobank says in newly-released research.

Australia has the opportunity to cement itself as one of the key beef suppliers into South- East Asian markets – as the appetite for beef continues to grow among the region’s consumers, according to agribusiness specialist Rabobank.

While the wider implications of a new US administration under President Trump for Australian agriculture will only become apparent over time, there are a number of key watch factors for the sector, particularly for grains and oilseeds, Rabobank says in newly-released commentary.

While overall headline inflation eased in the latest quarter, the annual rate of food price inflation held fast at 3.3 per cent, the latest quarterly Consumer Price Index (CPI) data, from the Australian Bureau of Statistics, has shown. The September 2024 quarter data … saw overall annual food price inflation – comparing prices with the September 2023 quarter…

Australia is looking towards harvesting a "marginally larger" winter crop this season, despite significant weather challenges experienced in a number of key grain-growing regions throughout the year, Rabobank says in its just-released 2024/25 Australian Winter Crop Forecast. The agribusiness banking specialist says the nation is on track to produce an estimated total winter crop of 47.1 million tonnes…

Australian pulse production is expected to reach historically-high levels this season, as growers capitalise on strong international demand, particularly from India – a major consumer of chickpeas and lentils ... RaboResearch general manager Australia and New Zealand Stefan Vogel said the 2024/25 Australian pulse harvest … is expected to exceed last year’s volumes, due to a higher area planted and despite dry seasonal conditions in some growing areas.

Skyrocketing cocoa prices are putting strong pressure on chocolate producers around the globe, who will likely pass on the burden to consumers, according to a new international report by food and agribusiness banking specialist, Rabobank. In the report Soaring Cocoa prices: The worst is yet to come, the bank says the main impact of the cocoa crisis still lies ahead, as companies hedge prices and supply contracts up to a year in advance.

Despite a good start, Australian table grape exports have declined for the 2024 season, off the back of lower demand from China, which has been consistently decreasing its imports, according to new industry research. In its just-released Table Grape Update 2024, agribusiness banking specialist Rabobank said Australian exports of table grapes were down 19 per cent for the 2024 season.