The Unstoppable Beef Market Shortages And Inflation Be Damned

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Despite these record-high prices, consumer demand for … · while the rise in retail beef prices itself was largely expected given the tightening supply-and-demand situation, the resiliency of u. s. · commodities corner inflation, recession fears and the worst cattle shortage in over 70 years haven’t dented beef demand. · drought, inflation, labor shortages, and market instability have led to a long-term inventory decline, while land, feed, labor and processing costs have skyrocketed. Cattle inventory is at its … · higher beef and fresh produce prices has pushed uk food inflation to an annual high, according to industry data, with the boss of one steakhouse chain telling the bbc the cost of the meat had. · data from the british retail consortium indicates that tight beef supply and elevated demand are straining the food sector, with limited ability for businesses to absorb or pass on … · the global beef market has been experiencing unprecedented price surges in recent months, with no signs of slowing down. We expect the downward trend seen in national cow numbers … The price for r3 male cattle in the uk now exceeds the irish price by over €1/kg, while the eu young bull price is approximately 20c/kg higher than in ireland (agriland. ie). Consumer demand for high-priced beef … As of early october 2024, beef prices in the uk are outpacing those in both ireland and the eu by significant margins. · based on current data, we forecast that 2025 prime cattle slaughter will reduce by around 5% to 1. 99 million head. The tighter supply of beef across europe, combined with steady consumer demand, has led to the record farmgate prices that have defined the beef industry so far in 2025. Usda data show u. s. Even in the us market, …