Beef is becoming a scarce commodity in Germany

Frozen Bone-In Beef
Published Nov 13, 2021

Original content

Market expert Albert Hortmann-Scholten from the Lower Saxony Chamber of Agriculture predicts good prospects for beef producers. “Beef is a scarce commodity across the EU. This will also be noticeable in the revenues next year, and the positive trend will continue, ”explained the division manager to the Lower Saxony beef committee. The committee chairman, Martin Lüking, views the situation with skepticism: "Some of the price increases will remain with us producers, but we will have to pass some back on to processors and retailers," the bull fattener from the Nienburg area is certain. Raw material costs explode The reason for the subdued optimism is the "worrying cost explosion", according to Hortmann-Scholten, in the area of raw materials. Diesel, heating oil, fertilizer and, above all, feed are reaching record prices. What is happening on the market is also affected by a lack of dismantling personnel, primarily due to the still noticeable consequences of the corona pandemic. But ...
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