April 2024

Focusing on Protein and Risk Management Will Help in a Year of Volatile Milk Markets

What’s new and rare for the dairy industry is that we are experiencing nearly a year of weaker global milk supply. What’s not new is that for the seventh consecutive month, milk production has documented a decline, which is unheard of when you look at the long-term view of the dairy industry. Lucas Fuess, a senior dairy analyst for RaboResearch Food & Agribusiness, commented that we have to look back to 2021 when something similar happened, and shares that caused the bullish price response that we saw in 2022. 

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View from the Top: Why Rabobank is Bullish on the Almond Market

In February, RaboResearch released its “Five-year almond market outlook,” with Head of RaboResearch North America Roland Fumasi as lead author. Rabobank colleagues David Magaña and Pia Piggott collaborated with Fumasi on the almond outlook. The team looked at current and future market conditions and analyzed various risk scenarios. Their report explores structural changes likely to occur in the almond industry. While the Rabobank researchers highlighted several key factors for improved prices, they zeroed in on what they believe to be the biggest drivers.
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Poultry Market Outlook – The Issues Influencing Production

The U.S. poultry industry is well positioned in 2024, as market shifts have improved the overall outlook for global production, said Christine McCracken, senior protein analyst at Rabobank, during a presentation on global grains, oilseeds and poultry markets at the 2024 Annual Meat Conference held in Nashville March 18-20. She identified some trends in the industry stakeholders should consider as the year progresses. For the egg industry, the cage-free movement and corporate commitments to switch to cage-free from conventional egg production practices may have an impact. 
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Four Post-pandemic Consumer Trends to Watch

The world has undoubtedly changed over the past five years. The COVID-19 pandemic, supply chain disruption and record-setting inflation became reality’s baseline and a precursor to global conflicts in Ukraine and the Middle East affecting wheat distribution and safe maritime routes. “As an industry, we have learned how to navigate these rough waters,” said JP Frossard, consumer foods analyst at Rabobank. “We have a little less volatility. We can’t take that for granted, but it is better than the past few years have been.”
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