Watch for Better Beef Prices at the Meat Case
By Julie Murphree, Arizona Farm Bureau Communication Director: Have you noticed? Do prices for meat seem lower? That’s because you and I are already experiencing better prices at the meat case this holiday season. Prices that will stay low beyond the New Year.
The lower retail prices on beef, including popular holiday cuts like the tenderloin and rib roast, can already be felt. Arizona Farm Bureau’s most recent quarterly food price
And on the industry side beef industry analyst firm, CattleFax, reported beef prices are down more than 10% from the highs of late 2014.
A large supply of cattle across the American landscape
In Arizona, we raise enough quality beef to feed 5 million Americans. “Gathering around a delicious tenderloin or rib roast evokes cherished family memories during the holidays and, thanks to beef ranchers raising the most
Beef production is currently on an upward trend, with production projected to rise 6 percent in 2016 and another 4 percent in 2017, according to CattleFax. "As beef production has increased and demand remains exceptionally strong, better prices will be passed on to consumers," said Lance Zimmerman, market analyst, CattleFax. "This holiday season, it means consumers can expect to see lower pricing reflected in retail advertising, better promotions on beef and more limited-time offers on menu items.”
“With more beef available, it's an ideal opportunity for consumers to take advantage of lower prices at the meat case,” said Tracy Brunner, a beef producer from Ramona, Kansas, and current president of the National Cattlemen's Beef Association, a contractor to the Beef Checkoff. “We're helping consumers do exactly that with valuable promotions and tips for easily incorporating beef into their meal planning during the holidays and into the New Year.”
In addition to favorite holiday cuts, consumers will also find good deals on lean beef cuts, such as top sirloin and strip steak – good news for consumers who are looking to curb their craving heading into the holidays and the New Year.
"Research shows that lean sources of protein like beef can support a healthy weight by helping you feel fuller, longer, making high-calorie snacks and desserts less tempting," said Dr. Shalene McNeill, Ph.D., R.D., executive director of human nutrition at the National Cattlemen's Beef Association, a contractor to the Beef Checkoff.
For roasting tips and beef appetizer ideas, visit www.beefitswhatsfordinner.com for your beef preparation needs. Also, Arizona Farm Bureau hosts a variety of beef