"All meat prices are up, but beef prices are up disproportionately higher than the rest of the protein prices," says Arun Sundaram, an analyst at Wall Street research firmCFRA. Here's how the increase in beef prices compares to the price increase of other proteins over the ...
"You have this huge imbalance of supply and demand which is causing the prices to skyrocket," Sundaram tells CNBC Make It. "The demand side got even stronger as the months progressed in 2021, whereas the supply side of things got worse." But Sundaram emphasizes that it would be incorrect ...
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Beef prices in the US have climbed to record highs as droughts in the south and west fuel higher feed costs and force ranchers to cut the national cattle herd size to a 61-year low. Average prices of beef sold in US shops and supermarkets have risen to about $8 per pound, topping the...
“Falling grain prices and strong fed cattle prices have afforded lotfeeders the ability to pay more for feeder weight cattle, and an aggressive buy-up has pushed feeder cattle prices to record levels – well above the five-year average,” Mr Gidley-Baird said. ...
If you remember purchasing ground beef and popping it into your freezer in the last few months, you might want to double-check to make sure that it isn't part of a high-class national recall involving 120,872 pounds of ground beef some of which was distributed to local Weis grocery ...
Input costs are finally beginning to subside a bit, suggesting beef processors margins could be set to improve. However, if falling futures prices for cattle are a result of softness on the demand side, further pressure on sales and profitability may lie ahead. Related ETF & Stocks: Invesco ...
By any standards, 2021 has proven to be an extraordinary year for seedstock producers across Australia, and the impact is clearly seen in Beef Central’s annual summary of average prices and numbers of bulls sold among larger beef breeds. ...
NLRS report for the Dalby sale 17 March 2021 was not available at the time of publishing this report – report will be added when received. Grant Daniel Long report Dalby saw a smaller yarding due to some very good falls of rain over the previous few days, up to a 140mls in some are...
All cattle businesses face tough seasonal conditions, fluctuating prices and rising costs etc, the producer notes, yet “some forge ahead while others are left behind”. Why is that? The Australian Beef Report 2020 Vision goes a long way toward answering that question, and makes ...