The OECD’s recent World Agricultural Outlook 2023-32 report notes that meat consumption is declining in affluent countries. The reasons cited include concerns about animal welfare, the environment and health. Those concerns may be true, but it also correlates with the fact that the median age in rich countries is rising, and humans need less animal protein as they move beyond age 30. Older adults tend to consume more carbohydrates for basic energy rather than tissue-building protein.
It is important to note that during adolescence and early adulthood, males consume considerably more animal protein than females. The OECD follows recent trends and predicts that poultry meat will increasingly replace some of the intake of beef a...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
