Consumers' preference for cheaper cuts having a significant influence on price

Expensive steaks are being dropped off the menu in favour of cheaper minced beef
Consumers' preference for cheaper cuts having a significant influence on price

The beef processors have further tightened their rein on the prices for supplies for this week in a continuation of the trend of recent weeks to reduce the returns to the summer grass finishers.

The supply has strengthened further after hitting within the shadow of 40,000 head last week for the first time in 2022 and recording 3,700 head more than the same week last year.

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