Global beef prices exceeded $7 per kilogram for the first time in history.

Analysts noted that MEAT prices have been rising for the fifth month in a row. In October, the price of a kilogram of beef increased by another three percent. Compared

to prices last year, the increase was 17 percent.

Experts attribute the price increase to the global situation: due to rising prices for MILK and milk products, farmers are reducing the number of livestock dedicated to meat production.

Furthermore, demand for imported beef in the United States has increased , as major American producers have begun supplying less meat to the market. The main reason is feed shortages.

it is also noted that unfavorable weather conditions have led farmers in Europe and Argentina to reduce their livestock numbers.