THERE’s been a distinct decline in wholesale beef prices in the Australian market during January.
The effect is being seen across a wide range of muscle cuts (see details below), and extends into trimmings used for ground beef, where international demand and prices currently are very flat.
Making matters worse, February is a notoriously tough month for domestic retail beef demand, because many householders are watching their budgets after racking-up holiday and back-to-school costs. Recent elevated beef and lamb prices have only made that trend more acute, as some consumers seek out…
