In June of this year, the average price of beef (except for boneless meat) was 336.68 rubles per kilogram. In comparison with May, beef price has risen by 0.1%, and in comparison with June of last year - by 4.4 percent. Since the beginning of 2019, the price of beef increased by 2.3% and reached a record level in the past two and a half years. The lowest price for beef during this period was fixed in January 2017: 315.02 rubles per kilogram, and the highest - in June of the current year: 336.62 rubles per kilogram. The highest price of beef in June 2019 was on the market of the Central Federal District - 394.47 rubles per kilogram, and the lowest - in the North. Read more...
Compared to April, beef prices increased by 0.8%, and compared with May 2018 they increased by 4.4 percent. Since the beginning of 2019, the increase in the price of beef was 2.2 percent. If we compare the dynamics of prices over the previous two years, the minimum beef price was fixed in January 2017: 315.02 rubles per kilogram, and the maximum price - in May 2019: 336.29 rubles per kilogram. The highest beef price is noted in the Central Federal District of the Russian Federation: 391.66 rubles per kilogram. The lowest prices were set in the North Caucasus Federal District:. Read more...
In October 2018 beef (except of boneless meat) prices in Russia were estimated at 327.10 rubles / kg/ That was up 0.4% comparing to the previous month, and 2.5% more than in October 2017. Since the beginning of the year, the price of this product has increased by 1.8%. This is a new price maximum for beef in Russian retail market, at least in the last three years. For the period from January 2016 the minimum beef price was fixed in August 2016 (311.56 rub./kg), notes SoyaNews; the maximum - in October 2018(327.10 rubles / kg). The most expensive beef in October 2018was sold in the Far Eastern Federal District (411.51 rubles / kg), the cheapest - in the North Caucasus. Read more...
Several factors are expected to cause global cattle and beef prices to stay subdued or soften over the second half of 2016.Lower beef prices in the US and a slowing Chinese economy is creating a downward pull on prices at an international level. Brazil, however, is an exception; with an economic outlook that is improving and with increased beef exports, cattle prices are expected to rise, according to Rabobank Global Beef Quarterly Q3 2016. Through 1H (first half) 2016, US and Canadian cattle prices dropped, whilst other countries’ prices – especially Brazil and Australia – increased. This resulted in the Rabobank Beef Index tracking in a. Read more...
Where's the beef? On dining tables across America,according to Bloomberg. Americans are on track to eat more red meat this year than in the pervious 12 months for the first time since 2006,with theU.S. Department of Agriculture estimatingpeople will consume 54.3 pounds of beef in 2016. A combination of cheaper beef prices and a larger inventory of cattle across the country fueled a push towards increased beef consumption, with the USDA noting current cattle counts at a five-year high. With beef at a lower price point, some restaurants have added new deals to promote beef-based menu items. Wendy's is offering a 4 for $4 deal, which includes a Jr.. Read more...
Beef lovers, your time of suffering—and paying through the nose for burgers, steaks, and roasts—appears to be coming to an end. Beef prices, which have beenincreasing for years, recently hitting rates high enough to inspire outbreaks ofsteak thefts at supermarketsand even the return ofcattle rustling, are finally coming down to earth. According to theBureau of Labor Statistics, consumer prices for most beef products dropped 2% from December 2015 to January 2016, and year-over-year prices for ground beef, chuck roast, and most cuts of steak are down 6% to 11%. It’s quite a turnaround, given that beef prices have beenclimbing steadily since 2010.. Read more...
Retail beef prices have continued an upward surge in the marketplace through mid-summer, with beef’s All-Fresh Retail Price series establishing a new all-time record versus pork and poultry in June and July. Accordingly, this week’s illustration highlights the relative price difference between beef and its competitors. Beef is now at all-time highs versus the competing meats. Beef is running 1.65 times the price of pork and nearly 3.14 times higher relative to poultry. Beef’sprice per pound, and the total expenditure associated with the package, is an important determinant when consumers makepurchasing decisions. However, the relative price is also. 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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