Global market in meat still volatile despite rise in returns

The latest market commentary from Quality Meat Scotland (QMS) issued a sharp reminder to producers not to assume they will be better off at current market prices.

Commenting on the trend in the cost of farm inputs, Iain Macdonald, senior economics analyst at QMS said: “While the price of straight feeds has now fallen back from the highs seen after the war in Ukraine began, prices remain elevated above pre-war levels and sharply higher than last year, suggesting that the cost of compound feeds, which moves at a lag, will continue to rebalance higher, squeezing finishing margins in the coming weeks and months.”

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