Spain: Increases in the beef market

Published 2021년 9월 11일

Tridge summary

The Mexican beef market has seen fluctuations in prices due to changes in supply and stable demand. Producers are increasing prices as they adjust to a decrease in animal supply. The sector is concerned about high feeding costs, which may lead to a decrease in the number of animals for fattening. Despite these concerns, beef prices are rising for the second consecutive week in all categories. The cost of cereals is a key factor in the sustainability of these price increases. The market is showing agility with fluent sales, both domestically and internationally, mainly to Europe.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The prices of beef have moved between rises and repetitions this week in the domestic market. According to sources from Provacuno, the Interprofessional of Beef, the market is raising producer prices as a result of the adjustment in the supply of animals, together with stable demand (national consumer). According to their data, there is activity in sales to European destinations and the output of live animals begins to move, both to Morocco (active throughout the year) and to Libya, Lebanon and Algeria, which had stopped a bit in August . These same sources have assured that they are concerned about the cost of feeding, which will cause a decrease in the entry of animals for fattening and that it will have consequences throughout the next year, exactly the same as what happened in the previous crisis of raw materials ( year 2007-2008). Comment of the Lonja de Binéfar (Huesca) According to the Lonja de Binéfar, beef cattle rises for the second consecutive week in all its categories ...
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.