The beef market outlook

Beef demand is staying on a higher level which is supporting prices that remain relatively stable on a higher level, according to AMT.

However, weaner prices trended upward during the week of 20 September due to lower supplies. It is still expected that this price can continue to trend upward as we move closer to the end of the year. A and C grade prices can remain on a sideways/upward trend as we move towards the end of the year.

  • Weaners – The price is 0.18% higher compared to the previous week, 0.17% higher than a month ago and 4.78% higher than last year the same time.
  • A2/3 – The price is 0.17% higher compared to the previous week, 1.96% higher than a month ago and 12.93% higher than last year the same time.
  • C2/3 – The price is 0.90% higher compared to the previous week, 0.28% higher than a month ago and 11.75% higher than last year the same time.