Livestock product shipment information (October 31st ~ November 4th) price rises in celebration of Korean Beef Day

Published 2022년 11월 9일

Tridge summary

The price of Korean beef meridians has increased, but this trend is expected to continue due to a large-scale discount event by large retailers on Hanwoo Day. The average meridian value of Korean beef cattle increased by 305 won to 2226 won per kg of carcass. The number of cattle auctioned nationwide decreased by 17.27% compared to the previous week, and the average meridian value per kg of 852 beef cattle decreased by 55 won.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price of Korean beef meridians showed an upward trend. However, this price rebound is expected to continue to rise in the future due to a large-scale discount event by large retailers on Hanwoo Day (November 1). In the nationwide wholesale market, 7786 Korean cattle were auctioned, a decrease of 17.27% compared to the previous week. The average meridian value of Korean beef cattle was 2226 won per kg of carcass, an increase of 305 won from the previous week. 1++A grade rose by 599 won to 23,932 won per kg, and 1++B grade to 22,400 won, up 656 won. 852 beef cattle ...
Source: Nongmin

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