date:Jun 09, 2012
David Nelson, from the Rabobank Food and Agribusiness Research and Advisory Group, said: GDP growth is key factor driving growth of meat and its not happening in the developed world. But the cloud on the horizon is that world GDP growth is in decline and thats of concern, even in the developing markets. Growth in China has declined from 10% to 8%, but most people in China think its more likely to be 7%. In Brazil its going to fall to 3%.
He said other market dynamics would also have an effect