Fair comment but the imported beef job got terrible press a few months ago and shoppers didnt buy it ,plus after December 31st it wont be allowed in perhaps. Trade deal with the US will not happen overnight and people are not going to touch it after hearing about the hormones etc, i expect school kids will end up being fed it. High grain prices or grain shortages could be a factor but low oil prices are keeping a lid on prices and making other feeds like maize gluten cheap. Biggest threat for beef prices other than us trying to find reasons for the firms to drop the price is the influx in dairy beef in 18-24mths time imoOh come on! I'm only 29 and I can remember loads of times when stock has been a screaming trade, people get greedy and start waiting for them too get even dearer. Next thing one of the big players will import something cheaper and the bubble bursts. Then those who held on are crying the loudest. I don't know how long it will last but I'm thinking that come harvest things might alter. If barley shoots too £200/tonne again then £4/kg dw isn't going too be much use with stores the trade they are!
Not trying to talk the job down or be miserable, merely pointing out what happens time and time again.