A summary of average November prices on the domestic Russian meat market indicates a rise in beef prices, which has been observed since the beginning of the year. Data analysis did not take into account prices for boneless meat. In November, the average price of beef on bone was 347.97 rubles per kilogram. Over the month, it increased by 0.6%, and from the beginning of the year - by 5.7%. On an annual basis, the price of cattle meat increased by 5.9%. The lowest beef prices in Russia over the past two years and 11 months were recorded in January 2017 when one kilogram of cattle meat cost an average of 315 rubles. In November of this year, the price once again rose to. Read more...
At the 11th week of 2019, the average wholesale price of imported beef and offal in the Russian Federation decreased by 2.5%, and by 3.5% over the month. On March 11, in the wholesale link of the North-West Federal District, the neck-shoulder cut was sold at a price of 319.8 rubles / kg, rump price was 321.3 rubles / kg. In the Central Federal District, the average wholesale prices for imported neck and shoulder blades were 282 rubles / kg, for rump - 358.7 rubles / kg. As of March 11 in Belarus, the minimum recommended prices for cow meat (FCA) for delivery to the Russian Federation were: frozen half carcass beef (cows) - 190 rubles / kg, chilled half carcasses - 200. Read more...
In spite of a slower economy, China will keep playing an important role in global beef market in 2016. According to Rabobank, although the grey channel has made the market volatile, the massive market will continue to offer sustainable opportunities for the rest of the world. In the first half of 2015, only six countries were allowed to export beef to China, i.e. Australia, Uruguay, Argentina, New Zealand, Canada and Costa Rica. By the end of 2015, Brazil Hungary and Chile had been added to the list of approved suppliers. Market shares by country of origin will look considerably different by the end of 2016 with Brazil likely to edge out Australia as the. Read more...
Brazil has made some dramatic inroads into the imported beef market in China since first gaining access in May last year, muscling-in on Australia’s dominant supplier status driven by two things: price, and improving market access. What does it mean. Read more...
Europe’s top six most expensive beef countries all witnessed prime deadweight cattle prices slide week ending 13 September. Northern Ireland saw the greatest drop of 13.2 per cent, settling at 448 cents per kilo as GB prices lost 7.6 cents to 485.8 cents per kilo. Sweden, France, Ireland and Luxembourg all lost ground from being above €4 per kilo. Luxembourg’s average was back 8.3 cents to 393.4 cents per kilo. The average EU R3 heifer price for the week slid 6.5 cents per kilo to 393.7 cents, marginally ahead of Luxembourg’s mean value. Bottom of the EU-16 were Poland, Czech Republic and Lithuania. Average Lithuanian prices plummeted 38.3. Read more...
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