Sorry beef lovers. Beef prices are likely to remain high until mid- to late 2025, possibly even longer. Droughts in North America have forced many cattle producers to reduce their herds ...

Beef prices are likely to remain high until mid to late 2025, possibly even longer. Droughts in North America have forced many cattle producers to reduce their herds, resulting in tighter supplies.

Whatever we learn about inflation this week, one thing we do know is that beef prices have been going up. Cattle futures rose almost 10% between the end of August and the end of October.

With the number of steers slaughtered in 2023 at 693,933, the ICMSA said this is a total reduction in carcase weight of 9.02m kg of beef. “The average price of all steers slaughtered in 2023 was ...

The average gap across all of 2023 for the same grade was 55c/kg, and it was 33c/kg in 2022. See figure 2. The beef price gap between Ireland and the UK has been above €1/kg on previous occasions, but ...

Sorry beef lovers. Beef prices are likely to remain high until mid- to late 2025, possibly even longer. Droughts in North America have forced many cattle producers to reduce their herds ...

Beef prices have reached record highs, and with supply shortages and economic uncertainty, the trend shows no signs of slowing Consumers retreated from the beef category, and sales never fully ...

Reuters – McDonald’s has sued JBS, Tyson Foods and other leading meat processing and packing companies for allegedly conspiring for years to limit beef supplies, boosting their profits while causing ...

Beef consumption in China ... The industry will have to pass on this price drop to export cattle.” Figueiredo expects the arroba do boi (a Brazilian unit of weight for live cattle) to reach ...

CNS Canada — Pork prices in Canada are narrowing the gap with beef prices — but the spread between the two meats remains well ... “So there’s a combination of factors that have helped to increase pork ...

The spot price of platinum simply represents the price at which the metal can be purchased or sold at the present time. It is the current monetary value of a specific weight unit(s) of platinum, ...