Domestic Beef Market Continues to Recover

MetaMuskRat · 2026-03-24T15:30:17+00:00

Since the beginning of this year, the domestic beef market has gradually risen, replacing imported beef as the mainstream. Beef prices have warmed up, breeders have increased their herds, beef traders have adjusted their direction, and industrial upgrades combined with policy support have driven domestic beef to embrace new development opportunities.

MetaMuskRat

2026-03-24 15:30:17

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People’s Financial News, March 24 — This year, both e-commerce platforms and supermarkets have noticed a change: traditionally, imported beef has dominated the market, but now domestically produced beef is taking the lead. Last year, beef prices hit new lows, and domestic beef faced significant pressure, causing many farmers to exit the industry. Since 2026, beef prices have steadily recovered, and many cattle farmers plan to increase their herd sizes. Traders who previously focused on importing beef have quickly shifted their focus. Domestic beef has become popular, and factories that mainly processed imported beef are rapidly changing direction, now dedicating 90% of their efforts to processing fresh domestic beef. With spring returning, the domestic beef market is experiencing a long-awaited warmth. This recovery is not just due to price fluctuations but results from improved supply and demand, industry upgrades, and supportive policies. This traditional industry, which carries people’s livelihood hopes, is also poised to blossom with new vitality. (CCTV Finance)

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