The producer price of young bulls did not change, but that of slaughter heifers and cows decreased
In the United States, the bull price was $6.41 (USD) per kilogram of cold cut weight in July 2023, up 32 percent from a year earlier. In Brazil, the price of cattle, expressed in Brazilian reals, fell by almost 26 percent in August 2023 compared to the average price of the same month of the previous year.
In the European Union, the slaughterhouse entrance price of the young bull “R3” commercial class was 4.80 euros/kilogram cold carcass weight in August 2023, a decrease of 4 percent compared to a year earlier. The price of the cow “O3” decreased by 9 percent and the price of the heifer “R3” by 1 percent during the period under review.
Only the producer price of the bull did not change
According to the AKI PÁIR data, the producer price of young bulls was HUF 776/kilogram of split hot weight in August 2023, which did not change significantly compared to the average price of the same month in 2022. The price of the slaughter heifer decreased by 14 percent and the price of the slaughter cow by 24 percent during the examined period. According to KSH data, the consumer price of beef steak rose by 26 percent (HUF 4,600/kilogram) in July 2023 compared to a year earlier.
AKI PÁIR
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