Core Insights - The wholesale price of beef in the market has experienced a continuous increase for five consecutive weeks, with a cumulative rise of over 7% since March 2025 [1][2] - The recovery in beef prices is attributed to supply factors, with indications that the domestic beef cattle market may be at a turning point [1][2] - The Ministry of Agriculture and Rural Affairs is coordinating financial support to stabilize the beef cattle industry and alleviate losses [1][4] Price Trends - The average wholesale price of beef reached 61.62 yuan/kg during the week of April 11-17, 2025, marking a 0.4% increase from the previous week [1] - The wholesale price of white strip beef has also risen from 58.79 yuan/kg to 61.4 yuan/kg over the same period [2] - Despite the recent price increases, the year-on-year comparison shows a decline of 7.4% in the wholesale price [4] Industry Dynamics - The domestic beef cattle inventory has decreased by 4.39% year-on-year, ending a five-year growth trend [2] - The profitability of self-bred beef cattle has improved, with a reported profit of 221.7 yuan per head, marking a significant turnaround from previous losses [2] - The beef cattle farming sector remains fragmented, with a high proportion of small-scale operations, which complicates market dynamics [3] Market Influences - The reduction in beef imports, which fell by 11.6% in the first quarter compared to the previous year, is seen as a stabilizing factor for domestic beef prices [4] - Analysts suggest that the price increase is partly due to farmers holding back on sales, anticipating higher prices [3]