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Beef: Widespread price increases return in Spain

Published Nov 9, 2024

Tridge summary

The article reports a surge in beef carcasses' prices, driven by high demand and limited supply. Factors contributing to the shortage include few animals for slaughter and increased demand from Algeria. The domestic market is experiencing slow sales due to high prices, with exports to Europe being uncompetitive. However, live exports are faring well, leading to an increase in animal purchase prices. Despite these challenges, all carcass parts are sold in the Ebro Market, with detailed price information provided for various categories.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The prices of beef carcasses have increased widely. The offer is still lower than the demand, which is putting pressure on the market, as there are few animals to slaughter and a lot of demand from slaughterhouses, according to sources in the sector. In addition, the demand from Algeria is causing new increases. Thus, at the Ebro Market, new increases were recorded for females and the price of males for beef carcasses is rising again. The domestic market is still slow, it is difficult to sell meat at these prices and what is sold are the less noble pieces. Export to Europe is slow, the prices reached make the meat uncompetitive. What is still working well is live export, with orders for loads that push up the prices of animals. According to the Binéfar Market, there are two different markets, the live market and the carcass market. On the other hand, the domestic market is complicated, consumption is slow and the sale of beef is very slow, with some operations that do not fit due ...
Source: Agropopular
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