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Analysis: UK Beef Prices Hold Firm Amid Tight Cattle Market

Demand for beef has been subdued throughout the summer months, but in recent weeks, market participants are seeing increased buying interest for most cuts. Prices throughout the beef complex are generally firming, with carcass cutouts moving higher for the last 3 weeks across all grades. At the same time, the cattle market is reportedly tightening, with persistent price increases noted on both prime cattle as well as cows.

Low-value steaks such as featherblades have experienced increased buying interest in recent weeks. After maintaining steady prices throughout August, PGI, UTM &...

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