The short week is resulting in reduced activity on the international market this week. In the US topside, rump and striploin prices all increased week-onweek while chuck and brisket prices declined week-on-week.
The US beef market traded negatively this week with prices for topside, rump and striploin declining by 3.4%, 5.8% and 1% respectively.
International beef prices experienced some large moves this week with brisket prices 10.3% up, chuck prices up 3.7% and the price of striploin down by 5.7% week-on-week.
US prices were mixed this week across the different cuts of beef with the beef carcass equivalent dropping by 1.9% week-on-week.
International beef prices were mixed this week. Week-on-week prices remained relatively stable for US topside (down 0.5%); rump (up 0.7%) and chuck (remained the same).
The US beef market was mixed this week with both positive and negative shifts in market prices, the US beef carcass equivalent declined by 1.7% week-onweek.
US beef prices were mostly positive this week.
Global oversupply of hides continues to weigh on the local hide market- South Africa
Auctions in Limpopo, North West, Gauteng and Mpumalanga are suspended with immediate effect amid FMD outbreak.
Week on week, beef prices were mixed in the different classes; sheep meat prices are currently under pressure; and the local pork prices traded lower due to subdued demand.