Following claims made on 3AW Mornings last Friday about low cattle prices but high supermarket prices, questions have been raised about who is responsible for the cost going up.

According to the president of the Victorian Farmers Federation, Emma Germano, determining who is rising the price is complicated.

“The actual cost of the animal is going to be confusing, the cost of the animal is only a portion of the cost of the meat, when we talk about being paid on farm for an animal, we’re usually talking about the live weight of the animal,” Ms Germano told Neil Mitchell.

Press PLAY to hear why the cost of meat is going up

Ms Germano also said the final cost could be a factor of profiteering. 

“Particularly the price of vegetables, another one of those items, the supermarkets will often insist that there’s between a 50 to 100 per cent markup,” she said. 

Ms Germano said meat prices might go down by the end of the year when other inflationary prices go down.

‘I think it will probably soften a little bit as other inflationary prices soften towards the end of the year, but it’s just a different environment from when we were shopping four, five years ago,” she said.

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