Farms.com Home   News

Beef Price Seasonality

By David Anderson

The recent Consumer Price Index (CPI) that reported retail beef prices hitting new record highs has prompted a lot of questions about when consumers might see lower prices. Of course, we know tighter beef supplies and very good consumer demand are driving prices higher. But beef prices and different cuts have seasonal wholesale market price trends that suggest prices could decline from recent highs.

Ribeye steaks exhibit a seasonal pattern that peaks with the onset of grilling season, but they tend to decline after Memorial Day. They hit their annual peak price in late Fall as a holiday demand driven item. This year is no exception in that wholesale beef ribeyes peaked in price at $14.18 per pound, $5.09 per pound higher than last year, in May. They have since declined to $10.50 per pound, only slightly ahead of last year.

Source : osu.edu

Trending Video

Drone Flight & Baling Success at Last!

Video: Drone Flight & Baling Success at Last!

Drone Flight & Baling Success at Last!

After weeks of rain delays and frustration, we finally have a reason to smile — it’s hay time again at Ewetopia Farms! In today’s episode, we head out to the fields where Arnie is baling hay, and I attempt my second drone flight to capture it all from the air. The drone still had some hiccups, but I managed to get some aerial footage of the baling process.

Back at the farm, the work doesn’t stop. Arnie brings the bales home, and the next critical step begins — wrapping and stacking the bales to make haylage. This process is essential for preserving feed for our sheep and ensures they have nutritious forage in the months ahead.

It’s a good day on the farm — the sun is out, the drone is flying (sort of!), and we’re making progress. Join us for a satisfying and productive day that brings a long-awaited sigh of relief to this year’s challenging hay season.

?? Let us know in the comments: Have you had to deal with weather delays this season?

?? Thanks for watching and supporting Ewetopia Farms — where every day is an adventure in sheep farming. Please like, comment, and subscribe to follow our daily journey with the flock!