| Abstrakt: |
According to a Rabobank report, global beef demand is expected to remain steady in 2024 despite economic challenges and consumer preferences for lower-priced proteins. Rising beef retail prices and inflation have put pressure on consumers' budgets, leading to a shift towards cheaper options. However, overall beef demand held up well in 2023, and Rabobank predicts that it will continue to hold in 2024, although there may be regional variations. The US is likely to lead the beef price-setting market and draw increased volumes from other countries due to its reasonable economic outlook and lower domestic supplies. [Extracted from the article] |
