Craigmore says beef prices surge to nearly 150% above 2010, outpacing wheat gains

Reuters2026/08/03 00:43

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Craigmore Sustainables Group LP analysis flags a widening gap between protein and grain markets, with beef and dairy prices sharply outperforming wheat.
Global wheat prices peaked in 2022 near 3x 2010 levels, then fell to about 20% above 2010 as supply responded.
Beef prices climbed to almost 150% above 2010, driven by tight supply as US drought cut the cattle herd to its lowest since 1965.
Dairy whey protein prices surged about 400% since 2020, reflecting stronger demand for protein ingredients and supplements.
High-protein diet trends, including GLP-1 drug adoption since 2023, could keep protein prices elevated even if production rises.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Craigmore Sustainables Group LP published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Craigmore says beef prices surge to nearly 150% above 2010, outpacing wheat gains

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