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Retail Prices

SITUATION ANALYSIS     All data sourced from ABARES

 

RETAIL BEEF PRICES

 

 
Average retail beef prices in Australia increased $4/kg or 30% in the years from 2001 to 2009, and declined about $0.50/kg in recent years.

Retail beef prices have broadly increased in line with inflation

In 2013 Australian consumers spent about $2.5 billion more on beef than they did in 2001.

So retailers and processors have increased the markup on the same 220kg beast by a conservative $500 over the past decade, while the producer is still receiving the same price for his beast now as he was in 2001.


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