Trade4go Summary
The USDA GAIN report forecasts a rise in the domestic wholesale price of beef and carabeef in India for 2024, although it will still be cheaper than pork, mutton, and fish. This trend is attributed to inflation, seasonality, and a surge in the cost of production, which includes labour, fuel, and especially feed and fodder. The price of carabeef exports is also expected to increase due to the rising cost of production and freight.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The 2024 domestic wholesale price of beef and carabeef in India continues to rise, yet remains lower than pork, mutton, and fish, according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report. Price movement is influenced by overall inflation in the economy and seasonality – both weather/climate change, and religious festivities. Overall prices of livestock commodities are rising due to increasing cost of production. Such cost encompasses labour, ...
The Cattle Site
Dec 19th, 2024
