BEEF: SHARP PRICE RISES IN STORE FOR THIRD COUNTRY BEEF

Retailers and processors wanting third country beef will face sharp price rises in the next few months, according to gossip among London importers. Such rumours are notoriously unreliable, but reports of strengthening demand on the continent due to buyers switching away from EU-produced beef, recovery in the Russian market and renewed access for Argentinian chilled product to the US are all based on fact. Robust sales in the North American retail and catering markets have surprised Australasian suppliers. On the other hand, currency movements appear likely to favour UK trade purchasers. {{MEAT }}