DOMESTIC consumers are increasingly putting red meat in their trolley as retail prices push back against the inflation trend being seen more generally at the supermarket checkout.
Meat & Livestock Australia says it has analysed the relationship between prices seen for livestock at the saleyards, and prices of red meat at retail.
Throughout this year, livestock prices for cattle and sheep have declined significantly, following historic highs in 2022. While livestock prices have decreased this year, MLA notes that the reduction in average retail price of red meat lags prices paid to…
