Items Tagged with 'beef market'

MeatMarket.ai emphasizes rapid iteration, direct user feedback and continuous improvement in market forecasting.

Beef buyers emphasize whole-animal utilization and single-source programs to reduce week-to-week surprises rather than chase spot pricing.

Industry groups have mixed reactions to government actions intended to lower US beef prices.

Mario Ortez, assistant professor of agribusiness and entrepreneurship at Virginia Tech, shares his insights on the current beef market and what is happening to address the tight US beef supply.

Rabobank Senior Beef Analyst Lance Zimmerman reviews the company's recent beef market outlook report and shares how the industry can stay resilient.

Industry must demonstrate added value of beef while continuing to address quality challenges and align with consumer preferences.

Heavier carcass weights may help moderate supply reductions but are unlikely to prevent them indefinitely.

In the coming year, supply will play a more significant role, and likely drive prices even higher.

Disease restrictions and the possibility of higher tariffs on Mexican cattle present another source of risk for US beef production in 2025 and beyond.

Steiner Consulting is forecasting US beef imports in 2024 to be 4.3 billion pounds, 600 million pounds higher than in 2023, and more than 900 million pounds higher than in 2022.