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Tom musters red meat insights while visiting the US

US beef and lamb at record levels

After easing in to 811c in October, the US Beef Retail value according to USDA has risen back to 832c in November. This average price has not been below 800c since April 2023, and 851.5c in August 2024 is the highest it's ever been since records started in January 1970. I was in the US recently, it was interesting to see the price of beef at various supermarkets.

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Recently we took a look at inflation adjusted pricing for sheep and lamb, converting the historic pricing going back several decad...
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Livestock market analyst Angus Brown takes a look into his crystal ball to see what cattle and sheep prices will do in 2025.
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