The agricultural news article for the week of May 19, 2023, reports on the current state of the beef cattle market, which is experiencing a decrease in seasonal supply due to favorable weather conditions for grass growth. Breeders are withholding from selling, leading to stable prices for high-quality female beef cattle and Charolais R conformation. However, the trade is facing pressure due to limited supplies and shrinking demand.
Dairy manufacturers are struggling with negotiations for lower prices from the downstream sector and the challenge of scarce supplies. Prices are stabilizing for Holsteins, Normandes, and Montbéliardes, and tariffs are being rolled over in reform bulls.
The French slaughterers are facing challenges due to the saturated Italian market with low-priced EU meat and sluggish German demand. The French market is also declining, causing concern for fatteners. The article provides expert advice on expecting prices to hold for high-beef females, but trade will remain under pressure in Charolais and secondary-choice sucklers, manufacturers will keep pressure on prices, demand will remain sluggish with more controversial prices for young cattle.