Livestock prices are climbing as restaurants increase their orders, signaling a recovery in the food service industry. The easing of COVID-19 restrictions has led to more people dining out, boosting demand for meat products.

Factors Driving the Price Increase

• Increased restaurant demand following the lifting of pandemic restrictions.
• Supply chain adjustments to meet the rising demand.
• Potential impact of feed costs on livestock production.

Market Outlook

Experts suggest that the current price trend could persist in the near future. Producers are closely monitoring the situation to optimize their output and manage costs effectively. Consumers may experience slightly higher prices at restaurants and grocery stores.