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Beef Demand, Prices Reach Near Records Highs While Cattle Industry Struggles

  • The fetal bovine serum supply chain tightened sharply by 2024, causing shortages and escalating prices globally.
  • This shortage arose from sustained droughts, environmental stresses, and high feed costs that forced ranchers to reduce and delay rebuilding cattle herds.
  • The limited cattle supply reduces fetal calf availability, key to FBS production, while rising demand from biomedical and biotech sectors intensifies pressure on serum sourcing.
  • Industry experts recommend multi-year contracts, diversified geographic sourcing, bulk purchasing, and exploring serum-free media to mitigate risks and sustain research continuity.
  • The constrained FBS market will likely persist for years, requiring proactive planning to manage cost volatility and ensure innovation in life sciences.
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More than 1050 Angus breeders generate a $2.2m sale gross in Upper Hunter

Discover the highlights of the 35th Upper Hunter Angus sale, with standout cattle fetching top dollars and exceeding expectations.

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  • 67% of the sources are Center
67% Center
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KSHB-TV broke the news in on Wednesday, May 28, 2025.
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