Spain: The bullish trend continues in the national beef market

Published Dec 21, 2024

Tridge summary

The article examines the beef market's current state, noting a continued rise in beef carcass prices, though at a slower pace than before. The national market is at the forefront, with notable activity in Algeria and Morocco. Post-Christmas, sales dynamics have shifted towards specific holiday cuts. There is uncertainty about future slaughter rates and price acceptance domestically. While European demand remains strong, competition from cheaper markets impacts sales stability. Exports to Morocco and Lebanon are active, and Algeria's prices are stable. The market contends with holiday disruptions, high demand, and logistical challenges.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the national market, the prices of beef carcasses have continued with the upward trend of the previous week. Sources in the sector indicate that the last operational week of the year has ended with new increases, although somewhat more contained than in previous weeks. The Christmas campaign is over and, as a result, “everything has been sold”. The national market is now the one that sets the pace, followed by Algeria and Morocco. Commentary on beef at the Binéfar Market We are in the last full week of the year, from here on, the weeks are full of holidays and, in addition, they are special holidays - this year in the middle of the week - and this situation complicates meat sales. Therefore, they are going to be strange sales days. This week is also a week of maximum beef sales, because in the next few days only some specific pieces dedicated to the holidays are expected to be sold, such as sirloins, tails, rounds, pieces demanded for specific days. It is not expected that in ...
Source: Agropopular

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