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EN
New report gives insights on future beef, pork, chicken prices
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The Cattle Site
Food Price Predictor for meatsThe Texas A&M University Food Price Predictor shows a modest increase in most meat prices for this summer.
Notable trends include modest increases in beef and pork prices and a decrease in chicken breast prices.
Some of the key observations for the report are:The anticipated slight increase in beef prices, particularly for ground beef and chuck roast, can be attributed to the seasonal surge in demand and reduced beef production.
The trend in lower chicken prices is largely due to efficiencies gained in poultry production, increasing production and lower feed costs.
The modest increase in pork chop prices aligns with the expected seasonal increase in demand combined with slightly constrained supply levels.
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