6 October 2014 | Cattle | 3825 views

Russian ban won't stall beef markets

Rabobank’s Beef Quarterly Q3 reports that global beef supply is in a tightening phase, with most key producing and export regions already experiencing record tight supplies. Further tightening is expected throughout the remainder of 2014 and into 2015. Russian import bans are unlikely to have a large impact on world beef markets with Brazil’s industry likely to be the ban’s largest beneficiary. The impact on major exporters, such as Australia and the US, will be minimal given increased impediments to trade with Russia prior to the current ban.