“Retail buying ahead of Labor Day has passed, so boxed beef prices dropped,” Austin Schroeder, analyst at Bruegler Marketing, said. Most-active CME October live cattle LCV24 closed down 0.725-cent at ...
The price of one metric ton of beef dropped ... unit of weight for live cattle) to reach R$270 in October. However, in a worst-case scenario, it could drop to around BRL 250 per arroba ...
Chicago | Reuters—Chicago Mercantile Exchange live cattle futures firmed for a second straight day on Wednesday as rising beef prices and strong packer demand ... futures FCQ24 closed 0.200 cent ...
and explainers to help you live smarter, straight to your inbox every weekday evening. Whatever we learn about inflation this week, one thing we do know is that beef prices have been going up.
A pound of ground beef is now at $5.67, a record high and an increase of 43% since January 2021. Beef, long considered a luxury protein, is now facing price points that could severely dampen ...
Within the broader meat category, beef isn’t the only protein facing price challenges—pork and chicken prices are also on the rise. The hog market has experienced similar pressures, which could lead ...
A pound of ground beef is now at $5.67, a record high and an increase of 43% since January 2021. Beef, long considered a luxury protein, is now facing price points that could severely dampen ...
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 ...
and per capita beef consumption has been rising as well. With inflation cooling, consumers are likely to continue adding beef to their grocery carts. Until we see evidence that consumers are willing ...
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 ...
Irish beef prices truly defy logic when compared to the UK and Europe." ICSA estimates that with over 40,000 cattle being slaughtered weekly, an additional €3-4 million per week should be returned to ...
LAFAYETTE, La. (KPEL News) - With beef prices continuing to soar, many Louisiana shoppers are asking if they’re paying more than they should. Whether it’s stocking up for football tailgates, Sunday ...