UK consumption decline spells more beef price misery

Beef imports to the UK are forecast to fall by 2%, annually, driven by reduced demand.
UK consumption decline spells more beef price misery

Shallow focus on yorkshire pudding as part of a meal of roast beef and vegetables. A mans hands can be seen using a knife and fork. A wine glass is on the table.

Beef consumption is predicted to remain subdued for the rest of the year in the UK, Ireland's biggest export market.

With lower consumption also seen across the EU, mainly due to consumers reducing their out-of-home spend, and expected to persist for the rest of the year, according to the European Commission, prospects for better demand to lift low beef cattle prices are poor.

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