Organisation for Economic Co-operation and Development sees variations in livestock economic outlook

Source: OECD

Diverging patterns of economic growth are described by the Organisation for Economic Co-operation and Development (OECD) from its latest analysis of industrial production in major economies worldwide.
Economic growth and the resulting improvement in personal incomes have a strong influence on world markets for foods derived from livestock and poultry.
OECD analysts report signs of continuing expansion in Russia, Japan, the USA and Germany for the period up to and including September 2010. However, it also warns that the indicators for Brazil and China continue to point strongly downwards, implying a slowdown in which the level of industrial production in these two economies will fall below the longer-term trend. It also says a composite of economic indicators suggests a moderate downturn in India, as well as in Canada, France,  Italy and the UK.