Spain: Prices of beef and meat destined for national consumption are encouraged

Published 2021년 7월 17일

Tridge summary

The beef market remains stable, with a slight increase in the price of animals for domestic consumption due to high feed costs. However, heavy animals are seeing a decrease in price as producers are sending them to slaughterhouses. The domestic market is currently stagnant due to the impact of COVID-19 on the hotel industry, with a balanced supply and demand. The external market is competitive, particularly in Italy, Greece, and Portugal. The industry is waiting for an improvement in sales in August, with a hopeful outlook for the next sales. Production costs need to be passed on to the meat, and there is optimism for females in the market. Crossed males are stable with a sufficient supply, depending on export conditions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The beef market has barely reflected changes in the main fish markets and national markets during this week compared to the previous one. However, according to Provacuno sources, the price of animals whose meat is destined for national consumption and at home (females and light Friesians) has been encouraged. Yearlings and heavy animals come out of the price because the producers send them to slaughterhouses, even yielding in price, they do not retain them for the price of feed. Comment of the Lonja de Binéfar According to sources from the Lonja de Binéfar (Huesca), the hope of an improvement with respect to sales in the domestic market is diluted as the new news about COVID-19 appears, as the hotel industry closes or has a curfew and as we We realize that July is not the expected month. With a balanced supply and demand balance, hope, which is still active only in part of the price table, is set on the next sales for the month of August. At the moment, very stopped domestic ...
Source: Agropopular

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.