12.40

6.40

6.80

5.80

0.80

1.20

7.80

8.80

9.00

0.20

0.20

12.40 7.90

7.50

Guides for gutter

Text colours

R 27 G 66 B 152

R 0 G 0 B 0

R 127 G 127 B 127

Background shading

R 242 G 242 B 242

R 225 G 235 B 244

R 227 G 244 B 236

8.40

Colour order (left to right, top to bottom)

R 59 G 110 B 143

R 251 G 193 B 119

R 115 G 198 B 161

R 103 G 153 B 200

R 186 G 163 B 171

R 191 G 191 B 191

R 127 G 127 B 127

R 201 G 48 B 146

R 27 G 66 B 152

R 84 G 7

B 91

R 248 G 152 B 29

R 241 G 237 B 238

R 254 G 234 B 210

R 211 G 227 B 237

1

Livestock Outlook Nebraska

Providing Sustainable Food for a Growing Global Appetite

• Prepared by Bruce Eberle • Vice President – Team Lead • Grand Island, Nebraska • bruce.eberle@raboag.com

1905 Address to State Board of Agriculture

‘All wealth and true capital must arise from that great

sub-stratum of prosperity which underlies and supports

the whole civilized world, and is called agricultural

development’

- J. Sterling Morton

Water is in the Wrong Place

Total renewable water resources per inhabitant (m3/inhabitant per year)

Nebraska’s Water is in the Right Place

Global Stocks-to-Use Rebounding

Source: USDA, Rabobank 2015

5%

10%

15%

20%

25%

30%

35%

40%

Corn Wheat Soybeans Soybean Oil Palm Oil

Increased Dispersion of Global Grain & Soybean Trade

% of Global G&O Trade Total Exports (1000 MT)

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

Black Seas Region Canada EU South America U.S. Total Global Trade

Note: Accounts for Total Exports of Corn, Soybeans and Wheat.

Change in Major Corn Exporters Market Share of World Trade U.S. Share has dropped from 80% to 36%

• Source: USDA/FAS

1995/96

Argentina Brazil

Russia Ukraine• *Projection

2014/15*

Argentina Brazil

Russia Ukraine

Example lay-out Column containing text

Moving Up the Food Perception Chain is a Driver for Food Demand

Surviving Quality Individualised Health

Enjoyment Convenience Foodservice Snacking International

Mass-market

Income development

Food perception

Food choices

Diet food, functional food, organic food

Fresh and convenient, segmented meals

Prepared meals, snacks

Eggs, meat, dairy, sugar, processed mass-market food, soft drinks

Carbohydrate staples (grains, roots, tubers) India

Sub-Sah. Africa

India

SEA

EasternEurope

Australia

NorthAmerica

JapanWestern

Europe

China Urban

China Rural

China 2020

Source: Rabobank

Rise in economics lifting protein consumptions

Source: USDA, IMF, Rabobank

E-commerce: emerging retail channel

• Beef is one of the key products prioritized by e-commerce players to develop online perishable category

• Major food e-commerce players have doubled or tripled their perishable sales each year in recent two years

• Direct purchasing

• Imported beef cuts have the dominant coverage

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