EATS & DRINKS NEWS | RESTAURANTS | SPECIALTY OUTLETS | WINE | COOKING | WATERING HOLES | BEER | COCKTAILS | EVENTS |

MEAT PRICES: 31 OCTOBER 2015

Cost of summer barbecue to go up as cattle supply tightens amid international demand

ABC Landline’s Caitlyn Gribbin writes that consumers are being warned their summer barbecues will be more expensive as the supply of cattle in Australia tightens.

Drought in eastern states, high demand for Australian beef in the United States and a lower Australian dollar has led to a surge in cattle prices.

Shoppers have started to favour the cheaper cuts of meat, such as mince and sausages, in response to 30 per cent increases in beef prices this year.

Susan McDonald, from meat retailer Super Butcher, said it was inevitable beef prices would rise.

“Across the board, perhaps about 28 per cent increases, some of the more budget cuts have come up faster,” Ms McDonald said.

“I think absolutely people are looking for ways to extend their budget ... I think sausages and mince are seeing a new revolution.”

For full story, visit http://www.abc.net.au/news/2015-10-31/cost-of-summer-bbq-to-soar-as-cattle-supply-tightens/6898890

Based on information published by the ABC: http://www.abc.net.au/news/justin