Rabobank North America Agribusiness Review


Print Friendly, PDF & Email

A periodical update from RaboResearch, this latest North America Agribusiness Review provides a market outlook for cattle, soybeans, wheat, cotton, orange juice and other key commodities. It also gives an overview of what developments to watch in the upcoming months. A couple highlights include:

  • Phosphates prices are now at the highest levels in North America since 2012. Urea is likely to see further price movement as higher corn prices improve appetite for demand.
  • Feed exports to China remain strong, increasing domestic feed prices.
  • Food-at-home’s share of total food expenditures rose to 58.1% in 2020 – more than 10 percentage points above pre-pandemic levels and the highest since 1985. RaboResearch expects this food retail momentum to continue with above-average growth even in 2021.

This report and past North America Agribusiness Reviews can be found here.



Leave a Comment

* By using the Northern Ag Network comment form, you agree to your email being collected for use on Northern Ag Network related projects, newsletters, and other content. We do not, and will not, sell your information.