The Hungarian beef grill is more expensive, but what about the rest of the meat market?

Published 2021년 6월 9일

Tridge summary

The article provides an overview of the current situation and trends in the meat market across various countries, including Hungary, the U.S., Brazil, Argentina, and the European Union. It highlights changes in producer and consumer prices for young bulls, heifers, and cows, noting increases in some areas and decreases in others. Additionally, it discusses the dynamics of beef and veal exports and imports, with a focus on the main suppliers and buyers. The article also mentions the impact of these trends on the livestock export and import volumes and values, as well as the consumer price adjustments in Hungary for beef grills.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the data of AKI PÁIR, the producer price of young bulls in Hungary was 752 HUF / kilogram carcass warm weight in April 2021, which means a 4.6 percent decrease compared to the average price of the same month in 2020. The price of slaughter heifers increased by 6.5 percent and that of cows by 8.5 percent during the period under review. According to the United States Department of Agriculture (USDA), U.S. beef and veal exports increased 3.5 percent in January-March 2021 compared to the same period in 2020. We looked at what you should know about the development of the meat market. U.S. exports of live cattle increased 79 percent during the period under review, with 78 percent more live animals entering the main target market, Canada. Beef and veal imports fell by 10 per cent and live cattle imports by 9.7 per cent at the same time. The main suppliers were Mexico and Canada. According to USDA data, the price of a bull in the United States was $ 4.08 (USD) per kilogram of ...

Source: Magro