In a strategic move to bolster its comprehensive red meat market coverage, Expana is introducing a new price forecast for 167A 4 Round, Knuckle, Peeled Beef.
While the company already delivers over 300 red meat price forecasting series, this new addition seals a crucial gap for stakeholders whose contracts and margins hinge on cut-specific pricing.
“Forecasting is essential for businesses looking to better understand market dynamics and to make better commercial decisions,” explained Bruno Whittaker, Forecast Analyst at Expana. “
“Our forecasts are built on historical data, supply chain modelling, and cutting edge analytics, allowing customers to anticipate price shifts and make proactive decisions.”
This cut of beef is particularly significant for the market according to Whittaker: “The 167A 4 Round, Knuckle, Peeled, is a cut of beef that comes from the hindquarters of the cattle, located above the knee joint and constitutes to the Primal Round. The knuckle is known for its leanness, due to the leg muscles receiving frequent exercise, and makes it an attractive source of protein.”
Despite the increase in price we have seen in this cut for a number of years, this is forecast to change over the coming months.
“Round Knuckle has been in a long-term uptrend since late 2022, where the price has been wavering in an upward slanting direction,” shared Whittaker.
“Recently, the price has risen to a top, fueled by seasonal demand. We expect the peak to be in place soon and for the price to fall as we head towards Q4. Depleted inventories in the US cattle herd and a squeezed supply of beef from Mexico will maintain high prices and keeping the long-term uptrend intact.”
Beyond muscle cuts, Expana also offers forecasts for live cattle, as well as key input costs like feed ingredients, plastics, energy, and transport costs. These inputs are crucial in understanding the true cost and margin drivers behind each cut, particularly in tightly contracted supply chains.
Expana’s price forecasting service goes far beyond simply predicting future prices. It offers a comprehensive, data-driven analysis of market conditions. The foundation of all forecasts is a supply and demand analysis that offers a 360-degree view of the market. This holistic approach enables businesses to anticipate shifts, manage risk, and make more informed strategic decisions.
To learn more about Expana’s comprehensive forecasts, request a demo.
About Expana:
At Expana we provide critical market insights that empower our customers to make confident data-driven decisions. As the world’s largest IOSCO assured agrifood PRA in the world, our intelligence spans over 30,000 price series and 1000+ price forecasts, supported by boots- on- the ground fundamental analysis, weather data and in-depth editorial content. We provide full supply chain visibility, helping our customers navigate volatility, optimize margins, and stay ahead of the market.
For more than 200 years, we have built trust and credibility in the market through our deep specialist knowledge and constant innovation. Our intelligence is integral to our customers’ businesses and the entire supply chain. By partnering with Expana you will gain access to market intelligence delivering a more resilient, more transparent and more sustainable supply chain.
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Olympia Theocharous
Director of Content- Communications and Events, on behalf of Expana