Beef market trends

There is still some resistance towards high prices at the moment from consumers, but beef producer prices remain relatively stable on a higher level, according to AMT.

These higher prices can be attributed to demand that is staying on a relatively higher level compared to previous years due to grain producers that is also still visible in this market. End consumer’s demand also remains healthy.

Price movements

  • Weaners – The price is 0.62% higher compared to the previous week, 0.29% higher than a month ago and 14.20% higher than last year the same time.
  • A2/3 – The price is 0.51% higher compared to the previous week, 1.09% higher than a month ago and 18.61% higher than last year the same time.
  • C2/3 – The price is 1.01% lower compared to the previous week, 0.14% higher than a month ago and 13.49% higher than last year the same time.