beef market
Where steers sell
A beef market is a marketplace where cattle or beef products are bought and sold commercially.
The term covers both livestock auctions where live cattle change hands and wholesale markets trading in processed beef.
Prices at the beef market dropped after the drought ended.
By extension, beef market can refer to the broader economic sector of beef production and trade: The beef market has been volatile this quarter.
- cattleDomesticated bovines kept commercially
- live cattleUngulates raised for meat
- stockyardLivestock enclosure for trade
- auctionCompetitive public sale
- trading floorExchange transaction area
slaughterhouse · commodity · futures · prices · rancher · feedlot · cattle ranching · wholesale · butcher · carcass · livestock · trading · prime · choice · grade · meatpacking · herd · steer