Beef markets

The latest industry data, analysis and insights from the beef sector to help inform your business decisions.

Key market information

For further information please view our monthly beef snapshot, an at-a-glance update on the latest trends in the beef markets.

Latest news

After several weeks of sharp rises, GB cattle prices were largely steady this week.

The drought in Australia has ended, and cattle farmers there are now looking to restock which limit production this year.

The post-coronavirus recovery of Ireland’s beef throughputs could cast uncertainty over GB prices.

Prime cattle supplies have picked up slightly, attracted by the higher prices, but also perhaps by farmers looking to take the pressure off available grazing.

In April, both UK imports and exports of fresh/frozen beef fell 15% year-on-year.

Overall the disruption and uncertainty related to the COVID-19 pandemic is likely to continue for many more months. For a second consecutive year, global meat production is expected to contract.

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