Regardless of brexit, the 2018 drought, followed by a great autumn, has resulted in extra numbers of cattle being finished, there will be a shortage of numbers somewhere down the road, I’d expect beef to be as scarce as last year for the tight months of May, June, July, possibly earlier.
For the early months of next year, I don’t see much rise, keeping the price of beef down, keeps the price of stores and weanlings down too.
Assuming brexit is not postponed and it happens, then I don’t think anyone knows what will actually happen, though I suspect balance of power will no longer be with the supermarkets.
The bigger picture to me is that there just isn’t enough a margin out of beef farming.
Beexit...