Beef and mutton supply tight push high prices
The price of beef and mutton continued to rise due to the tight supply of beef and mutton, as well as the increasing cost of raising livestock. Since the first week of May 2011, domestic beef and mutton prices have continued to rise for 31 consecutive weeks. As the price rises, the price difference between beef and mutton will increase month by month. From January 2010 till now, the mutton market price has been higher than beef for 23 consecutive months. The price difference between beef and mutton in January 2010 was only 0.06 yuan/kg, and the price difference in November 2011 had reached 5.88 yuan/kg, and the price difference showed a trend of increasing month by month.
The lack of supply contributed to the increase in the price of beef and mutton, which was mainly due to insufficient supply. With the improvement of people’s living standards, residents’ demand for beef and mutton is on the rise. However, the supply of beef and mutton cannot satisfy the increasing demand, and the imbalance in supply and demand causes the price to rise significantly. On a global scale, the global output of beef and mutton stagnated due to bad weather, livestock reconstruction, animal diseases, and rising input prices. According to the latest statistics from FAO, global beef production in 2011 is expected to reach 77.6 million tons, which is 0.3% lower than the 77.8 million tons in 2010.
In addition, the long cycle of cattle and sheep breeding, the increase in the cost of breeding, also led to rising prices of beef and mutton. The increase in feed prices in 2011 was mainly due to the high price of corn, artificially increased labor costs, and an average increase of 15% in aquaculture costs. Labor costs account for 1/3 of the total, and feed price increases account for 1/10 of the cost.
The prices of beef and mutton kept rising in the international and domestic markets and high prices in the domestic market, which are conducive to further mobilizing the enthusiasm of farmers to make up the bar and increase market supply. However, farmers will have to wait and see from the market price increase to the start of the supplement. From the supplementation to the slaughter of cattle and sheep, there will be a longer growth period. The supply and demand gap in the beef and mutton market will need some time to be eased. The price of beef and mutton will be short-term. Difficult to decline. As the weather continues to cool, the consumption demand for meat products will increase, the market will become more active, and beef and mutton prices will continue to rise.
The international market does not expect much change in global beef production in 2012. The beef market continues to show tight supply and strong demand. U.S. beef production is expected to decrease substantially, while beef production in India, Brazil and Argentina will increase, and EU and Chinese beef production will remain stable.
The lack of supply contributed to the increase in the price of beef and mutton, which was mainly due to insufficient supply. With the improvement of people’s living standards, residents’ demand for beef and mutton is on the rise. However, the supply of beef and mutton cannot satisfy the increasing demand, and the imbalance in supply and demand causes the price to rise significantly. On a global scale, the global output of beef and mutton stagnated due to bad weather, livestock reconstruction, animal diseases, and rising input prices. According to the latest statistics from FAO, global beef production in 2011 is expected to reach 77.6 million tons, which is 0.3% lower than the 77.8 million tons in 2010.
In addition, the long cycle of cattle and sheep breeding, the increase in the cost of breeding, also led to rising prices of beef and mutton. The increase in feed prices in 2011 was mainly due to the high price of corn, artificially increased labor costs, and an average increase of 15% in aquaculture costs. Labor costs account for 1/3 of the total, and feed price increases account for 1/10 of the cost.
The prices of beef and mutton kept rising in the international and domestic markets and high prices in the domestic market, which are conducive to further mobilizing the enthusiasm of farmers to make up the bar and increase market supply. However, farmers will have to wait and see from the market price increase to the start of the supplement. From the supplementation to the slaughter of cattle and sheep, there will be a longer growth period. The supply and demand gap in the beef and mutton market will need some time to be eased. The price of beef and mutton will be short-term. Difficult to decline. As the weather continues to cool, the consumption demand for meat products will increase, the market will become more active, and beef and mutton prices will continue to rise.
The international market does not expect much change in global beef production in 2012. The beef market continues to show tight supply and strong demand. U.S. beef production is expected to decrease substantially, while beef production in India, Brazil and Argentina will increase, and EU and Chinese beef production will remain stable.
Taizhou Gaogang District Dixin Medical Equipment Co., Ltd. , https://www.dixinmedical.com