Same here, it won't affect me. Unfortunately the news didn't affect meat prices in time for our Christmas feast in which the star player is a lovely tenderloin roast. It is without a doubt the bet meat I have ever tasted, but the price was far higher this year than in the past (we get the same gut every year for Christmas).
That's why I wouldn't worry about the beef market. It has been enjoying a large amount of popularity as a result of the recent fad in low-carb/high-protein diets. This might not even level that out. But prices should fall a bit.
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Matt