Beef prices under significant pressure from global pricing

Iain Macdonald, marketing intelligence manager at Quality Meat Scotland said the EU beef market has softened in 2023 despite production continuing to decline

clock • 2 min read
Iain Macdonald, market intelligence manager at Quality Meat Scotland, said sharply increased exports from Australia, Argentina and Brazil had an 'out-sized' downwards impact on global pricing
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Iain Macdonald, market intelligence manager at Quality Meat Scotland, said sharply increased exports from Australia, Argentina and Brazil had an 'out-sized' downwards impact on global pricing

The UK beef market is no longer signalling as tight a balance as it once did, with market prices coming under significant pressure since May. Cattle slaughter numbers rose in the first half of the year...

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