France: Decline in beef consumption

Published 2022년 4월 22일

Tridge summary

In April, household purchases of cut beef experienced a significant decline, with some stores seeing a drop of 10-15%, due to factors such as high prices and changes in eating habits. This decrease in demand comes at a time when farm meat prices have not been greatly increased. The slowdown in orders is also linked to the election period and the adaptation of slaughterhouses to reduced demand, leading to stabilization of beef quality meat prices. The production of minced meat remains stable, and the supply is expected to further decrease in the coming weeks due to herders being occupied with field work and less available to sell their animals.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The commercial climate is heavy in industrial tools, in the face of sluggish orders in noble pieces to be grilled. Despite a sunny Easter weekend conducive to grilling, this month of April marked a decline in household purchases of cut beef, whether in supermarkets or butchers. Some fallers speak of a decline of 10 or even 15% depending on the store. This decline is to be put on the back of the many increases in recent weeks which have led households to make choices, despite a slightly less suffocating situation on fuel prices. The decline in consumption is also a recurrent phenomenon during the election period, but it is difficult to quantify. What can be worrying is that this decline in demand comes at a time when the increases observed in the price of meat on farms have still been very little passed on to shelves. The psychological aspect of an expensive product is a marker of beef, so when purchases fall back on minced meat it is not always for the price, but above all by a ...
Source: Pleinchamp

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