ANALYSIS: Lackluster Beef Demand, Tight Cattle Market Impacting UK Beef Prices

Despite continued tightness in the cattle market, the decline in beef demand, largely due to inflation woes, counteracted the upward pressure on wholesale beef prices. Over the last three weeks, most items within the UK beef market have struggled to maintain the kind of premiums that were being traded earlier in September.

Markets for premium cuts including ribs and fillets were strong and while there were indications that processors were competing for thinner supplies, feedback on demand varied greatly from supplier to supplier..

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