EU beef and veal market A brief overview and some statistical data_10_ by hcj

VIEWS: 4 PAGES: 28

									Review of the situation on the
  EU Beef and Veal Market
 "Single CMO" Management Committee
            23 June 2011
                                 Beef Meat Production - in Heads
                                                                                   Source : Newcronos, EUROSTAT

 HEADS          EU 15      EU 25      EU 27   + 20 %                                                                                                                                                                   + 20 %
                                                                                              EU : + 2,1%                                                       +16,5%
Jan-Mar                 EU 10       EU 2
                                              + 15 %                                                                                                                                                         +13,2%    + 15 %
                                                       +12,0%
               -0,5%       +1,8%      +1,7%                   1
                                                            +1 ,2%
      Bulls                                   + 10 %                                                                                                                                                                   + 10 %
                        +19,0%     -8,6%                                                                          +7,0%
                                                                     +4,8%                           +4,3%                                          +4,2%
               -0,1%       -0,1%      -0,1%    +5%                                                                                                                                              +3,9%                  +5%
                                                                                             +2,9%
    Steers                                                                                       +1,0%                                                                     +1,4%
                                                                 +0,5%                                                                     +0,6%
                        -7,5%      -20,7%
                                               0%                                                                                  -3,7%                                                                                0%
               +5,2%       +4,8%      +4,7%                                                               -1,3%                    -1,8%                                           -1,9%
                                                                                                                                                                                                      -2,5%
     Cow s                                     -5%                         -3,8%                                                                                                                                       -5%
                        +1,8%      -4,8%                                                                              -4,7%

                                                                                      -7,3%                                                                          -7,5%
                                                                                 -8,2%                                                                                                            1
                                                                                                                                                                                                -1 ,5%
               -1,5%       -1,0%      -0,9%   - 10 %                                                                                                                                                                   - 10 %
   Heifers
                                                                                                                                                            1
                                                                                                                                                          -1 ,5%
                        +6,2%      +14,4%
                                              - 15 %                                                                                                                                                                   - 15 %
               -0,1%       -0,1%      -0,1%
     Veals                                    - 20 %                                                                                                                                                                   - 20 %
                        +0,7%      -26,1%

               +13,6%     +13,3%     +13,8%   - 25 %                                                                                                                                                                   - 25 %
      YBov
                        -3,2%      +51,1%
                                              - 30 %                                                                                                                                                                   - 30 %
                                                                                                                                               -31,0%
               +1,5%       +2,1%      +2,1%
  Tot Bov                                     - 35 %                                                                                                                                                                   - 35 %
                        +9,1%      +3,1%                BE BG CZ         DK DE     EE   IE    GR ES F R      IT   C Y LV      LT   LU H U M T           NL AT      PL PT     RO     SI     SK    FI     SE    UK

Estimates for last month of period :

              DG AGRI, European Commission – 23 June 2011                                                                                                                                                          2
                                   Beef Meat Production - in Tons
                                                                                  Source : Newcronos, EUROSTAT

TONNES          EU 15      EU 25      EU 27   + 20 %                                                                                                                                                                       + 20 %
                                                                                                                                                                 +17,4%
                                                                                                        EU : + 2,7%
Jan-Mar                 EU 10       EU 2

                                              + 15 %   +13,6%   +15,3%                                                                                                                                                     + 15 %
               +0,8%       +2,6%      +2,6%
      Bulls                                                                                                                                                                                                         1
                                                                                                                                                                                                                  +1 ,0%
                        +18,6%     -8,6%
                                              + 10 %                                                                                                                                                                       + 10 %
                                                                                                                        +7,3%
               -0,2%       -0,2%      -0,2%                                                                +6,4%
    Steers                                                                                      +4,9%                                                   +4,9%                                       +4,9%
                        -1,5%      -24,3%      +5%                   +3,4%                                                                                                                                                 +5%
                                                                +1,6%
                                                                                                       +1,2%
               +5,1%       +4,8%      +4,7%                                                                                               -0,0%                                -0,1%
     Cow s                                      0%                                                                                                                                                                           0%
                        +1,5%      -4,8%                                                                         -0,6%             -0,7%        -0,4%
                                                                                                                              -2,0%                                                    -2,1%
               -0,6%       -0,3%      -0,2%                                                                                                                 -3,3%
                                               -5%                        -4,1%                                                                                                                            -4,0%           -5%
   Heifers
                                                                                          -5,8%                                                                          -6,2%
                        +4,8%      +13,5%
                                                                                  -8,1%
                                              - 10 %                                                                                                                                                                       - 10 %
               -0,8%       -0,7%      -0,8%                                                                                                                                                         -12,5%
     Veals
                        +0,7%      -35,5%
                                              - 15 %                                                                                                                                                                       - 15 %
               +16,0%     +15,7%     +16,1%
      YBov
                        -4,9%      +58,1%     - 20 %                                                                                                                                                                       - 20 %

               +2,2%       +2,7%      +2,7%
  Tot Bov                                     - 25 %                                                                                                                                                                       - 25 %
                                                                                                                                                    -24,7%
                        +10,0%     +2,5%                BE BG CZ        DK DE     EE       IE     GR    ES F R     IT    CY     LV   LT    LU     HU M T NL AT      PL    PT     RO     SI     SK     FI     SE    UK

Estimates for last month of period :


              DG AGRI, European Commission – 23 June 2011                                                                                                                                                                    3
                    Beef Meat Production - in Tons
                                          Source : Newcronos, EUROSTAT


                   Percentual change in Adult Cattle Slaughter
            Period: Jan - April ( EU 27= +2,2%)      Year: 2011 / 2010




12,5%




 0,0%




-12,5%




-25,0%
         BE BG CZ DK DE EE EI EL ES FR IT CY LV LT LU HU MT NL ÖS PL PT RO SI SK SF SE UK   EU



         DG AGRI, European Commission – 23 June 2011                                         4
                                        Beef Meat Production - in Tons
                                                                                   Source : Newcronos, EUROSTAT
400
        1 000 TONS : Jan-Mar 10 / Jan-Mar 11

                                                                                                                                                                                 Cows
350




300                                                                                                                                                                              Steers


250

                                                                                                                                                                                 Bulls

200



                                                                                                                                                                                 Heifers
150




100
                                                                                                                                                                                 YBov

 50


                                                                                                                                                                                 Calves
  0
      B E   B G    C Z    D K    D E    E E    I E   G R   E S   F R   I T   C Y   L V   L T   L U   H U   M T   N L   A T   P L   P T   R O   S I   S K   F I   S E   U K


                  DG AGRI, European Commission – 23 June 2011                                                                                                                5
                        Beef/Veal - in Average Carcase Weight
                                                                                  Source : Newcronos, EUROSTAT

Avg WEIGHT      EU 15      EU 25      EU 27   + 10 %                                                                                                                                                          + 10 %
                                                                                                                                            +9,2%   +9,3%
Jan-Mar                 EU 10       EU 2


               +1,3%      +0,8%       +0,8%
      Bulls                                                                   EU : + 0,6%
                        -0,3%      -0,0%

                -0,1%      -0,1%      -0,1%
    Steers
                        +6,5%      -4,5%       +5%                                                                                                                                                            +5%

                                                                                                                       +2,8%
                                                           +3,6%
                -0,1%      -0,0%      -0,0%
     Cow s                                                                                                                   +3,1%
                        -0,3%      +0,0%
                                                                                              +2,0%    +2,0%
                                                                                         +1,6%                                      +1,7%
               +0,9%      +0,7%       +0,7%            +1,4%                                                                                                   +1,5%
                                                                 ,1
                                                               +1 %                                                                                                                     +1,0%
   Heifers                                                                                                                                                +0,7%
                                                                                                           +0,7%                                +0,6%
                        -1,3%      -0,7%                                                                        +0,2%
                                                                                 +0,1%            +0,1%
                                                0%                                                                                                                                                              0%
                -0,6%      -0,6%      -0,7%
     Veals                                                                -0,3%                                                                                          -0,3%
                        +0,0%      -12,8%                                                                                               -1,0%
                                                                      -1,3%                                                                                                     -1,2%
                                                                                                                                                                   -1,6%                      -1,5%
               +2,1%      +2,1%       +2,1%                                                                                                                                                       -2,0%
      YBov
                        -1,8%      +4,6%


                +0,7%      +0,6%      +0,6%
  Tot Bov                                      -5%                                                                                                                                                            -5%
                        +0,8%      -0,7%               B E B G C Z D K D E EE             IE   GR ES F R       IT   C Y LV     LT    LU H U M T N L A T     P L P T RO     SI    SK      FI     S E UK

Estimates ( HD ) for last month of period :                                                           Estimates ( TN ) for last month of period :


              DG AGRI, European Commission – 23 June 2011                                                                                                                                                 6
               Evolution in EU carcass prices (1):
Carcasses of adult male bovines (A/C price – €/100 kg cw)
     €/100 kg cwe                                                                          % of Reference Price
    362                                                                                                   163%


    342                                                                                                     154%

    322                                                                                                     145%


    302                                                                                                     136%

    282                                                                                                     127%


    262                                                                                                     118%


    242                                                                                                     109%


    222                                                                                                     100%
           1      5      9     13      17   21   25     29   33       37       41     45        49    53

                  2004-2008 Avg                  2009                   2010                         2011
             Price in week 23 : 332,96                            Average price in mai 2011 :339,51
                  % change y/y : + 7,7%                                      % change y/y : + 10,3%
          % Ref. Price in wk 23 : 149,7%

DG AGRI, European Commission – 23 June 2011                                                                        7
Evolution in EU carcass prices (2):
Young bull carcasses (A R3 – €/100 kg cw)
360




340




320




300




280
      1       5       9        13       17   21     25   29      33      37       41        45   49         53


               2004-2008 Avg                      2009                 2010                      2011
          Price in week 23 :   332,25                         Average price in mai 2011 :   339,04
              % change y/y :   + 8,6%                                    % change y/y :     + 9,9%


  DG AGRI, European Commission – 23 June 2011                                                           8
Evolution in EU carcass prices (3):
Steer carcasses (C R3 – €/100 kg cw)

340




320




300




280
      1       5       9        13       17   21     25   29      33      37       41        45    49        53

               2004-2008 Avg                      2009                 2010                      2011

          Price in week 23 :   339,24                         Average price in mai 2011 :345,58
              % change y/y :   + 9,6%                                    % change y/y : + 14,0%


  DG AGRI, European Commission – 23 June 2011                                                           9
Evolution in EU carcass prices (4):
Cow carcasses (D O3 – €/100 kg cw)
280


270


260


250


240


230


220


210
      1       5      9      13         17   21     25   29      33      37       41        45    49        53


               2004-2008 Avg                     2009                 2010                      2011

          Price in week 23 : 267,70                          Average price in mai 2011 :271,77
              % change y/y : + 14,3%                                    % change y/y : + 16,4%


  DG AGRI, European Commission – 23 June 2011                                                         10
Evolution in EU carcass prices (5):
Heifer carcasses (E R3 – €/100 kg cw)

       350



       340



       330



       320



       310



       300
             1       5        9     13    17   21     25   29      33      37       41        45    49    53

                         2004-2008 Avg              2009                 2010                      2011

                 Price in week 23 : 343,82                      Average price in mai 2011 :348,66
                     % change y/y : + 10,6%                                % change y/y : + 13,7%


 DG AGRI, European Commission – 23 June 2011                                                                   11
Evolution in EU prices for live bovines
Male store cattle (6-12 months; ≤ 300 kg – €/100 kg live weight)
230




220




210




200




190
      1       5       9        13   17   21     25   29      33      37      41         45    49        53

               2004-2008 Avg                  2009                 2010                      2011
          Price in week 23 :   211,23                     Average price in mai 2011 :    219,37
              % change y/y :   - 2,4%                                % change y/y :      - 0,4%


  DG AGRI, European Commission – 23 June 2011                                                      12
                Evolution in EU prices for live bovines (dairy breeds)
                Male calves aged between 8 days and 4 weeks (€/head)

                                                                   2010     2011
      300                                                                                                        300



      250                                                                                                        250



      200                                                                                                        200
€ / Head




                                                                                                                       € / Head
      150                                                                                                        150



      100                                                                                                        100



           50                                                                                                    50


            0                                                                                                    0
                    DE - SCHWARZBUNTE                DE - BRAUNVIEH                ES - TIPO FRISON
                    FR - MALES-ENGRAISSEMENT         IE - DAIRY MALE               IT - MALES-LAITIERS-VITELLI
                    NL - ROODBONT-NUKAS              NL - ZWARTBONT-NUKAS          UK - DAIRY BULLS


                       DG AGRI, European Commission – 23 June 2011                                         13
           Evolution in EU prices for live bovines (beef breeds)
           Male calves aged between 8 days and 4 weeks (€/head)

                                                             2010                  2011                         500
     500




                                                                                                                400
     400
€ / Head




                                                                                                                      € / Head
     300                                                                                                        300




     200                                                                                                        200




     100                                                                                                        100
              DE - FLECKVIEH          DE - KREUZUNGSKALBER          ES - TIPO CRUZADO      FR - MALES-ELEVAGE
              IE - BEEF MALE          IT - MALES-BOUCHERIE          NL - VLEESRAS--NUKAS   UK - BEEF BULLS


                DG AGRI, European Commission – 23 June 2011                                            14
                                      Evolution in EU prices for live bovines
                                                       Butcher calves (€/100 kg cw)
                      700                                                                                                                     700
                                                                                    2010                       2011


                      650                                                                                                                     650



                      600                                                                                                                     600
€ / 100 kg carcasse




                                                                                                                                                     € / 100 kg carcase
                      550                                                                                                                     550



                      500                                                                                                                     500



                      450                                                                                                                     450



                      400                                                                                                                     400



                      350                                                                                                                     350
                             BE - VEAUX BLANCS E,U,R      FR - VEAUX DE BOUCHERIE          IT - CARNE BIANCA          NL - VLEESKALF-ROOD & -ZWART


                            DG AGRI, European Commission – 23 June 2011                                                                  15
                                            Remainder of: Selling price AR 3,minus                                               450
                                        purchased calf plus feedcost for grain fattening
             400                                                                                                                 400

                                                                                                                                 350

             300                                                                                                                 300
€uro/ head




                                                                                                                                 250

             200                                                                                                                 200

                                                                                                                                 150

             100                                                                                                                 100

                                                                                                                                 50

               0                                                                                                                 0
                   |        2007         |        2008           |      2009         |         2010         |    2011       |


                                   Remainder Young Bulls A.R 3                   Extra gain FC 6-7                Feedcost x*7
               Feed conversion rate: (FCR) 7 or 6 kg feed = 1kg live weight.
               Feed ration: 40% compound feed (energy + proteine), 15% barley, 15% maize, 20% wheat, 10% straw
               Carcase yield: 0.57



    DG AGRI, European Commission – 23 June 2011                                                                                        16
                                          Remainder of: Selling price AR 3,minus
                                    purchased calf plus feedcost for grain/ grass fattening
             500                                                                                                                       500



             400                                                                                                                       400
€uro/ head




             300                                                                                                                       300



             200                                                                                                                       200



             100                                                                                                                       100



               0                                                                                                                       0
                   |        2007          |         2008         |         2009          |        2010             |   2011       |


                                   Remainder Young Bulls A.R 3                       Extra gain FC 6-7                  Feedcost x*7
              Feed conversion rate: (FCR) 7 or 6 kg feed = 1kg live weight.
              Feed ration: 62,7% fodder (silage maize), 18,6% grains (maize + wheat, 13,3% soja cake, 5,3% straw
              Carcase yield: 0.57


                       DG AGRI, European Commission – 23 June 2011                                                                     17
          EU exports of beef and live animals (1):
          Trade figures (COMEXT – tonnes cwe)


   Destinations
                         2007              2008              2009              2010           Jan-Apr 11         Compared
                     tonnes     %      tonnes     %      tonnes     %      tonnes     %       tonnes     %      to Jan-Apr 10
Turkey                   214    0.1%       204    0.1%       571    0.2%     70 370 14.5%       73 404 33.6%        +++
Russia                 87 277 35.2%     102 347 35.1%      50 881 20.4%     135 762 28.0%       46 415 21.2%     + 158.1%
Sw itzerland           14 457   5.8%     25 968   8.9%     19 072   7.7%     22 340   4.6%       9 294   4.3%    + 31.1%
Croatia                16 460   6.6%     19 917   6.8%     25 126 10.1%      23 159   4.8%       7 618   3.5%    + 28.3%
Algeria                 1 674   0.7%      1 689   0.6%      6 681   2.7%     16 151   3.3%       7 518   3.4%    + 71.2%
Lebanon                 3 647   1.5%      5 619   1.9%      7 838   3.1%     33 774   7.0%       6 282   2.9%    + 46.6%
Ivory coast             6 941   2.8%      8 969   3.1%     13 404   5.4%     14 853   3.1%       3 585   1.6%     + 4.9%
EXTRA EU 25/27 247 722                 291 601           249 165           485 166            218 619
% change                                 + 18%             - 15%             + 95%           + 185.0%




              DG AGRI, European Commission – 23 June 2011                                                                 18
           EU exports of beef and live animals (2):
           Trade figures (COMEXT)

    EU EXPORTS of Beef & Veal                                            EU EXPORTS of Beef & Veal (1000
           (Tonnes cwe)                                                                EUR)
                                                                                                        661 410     700 000
                                                  250 000
                                   218 619
                                                                                                       148 179      600 000
                                                  200 000
                                    68 089                                                              40 634      500 000
                                                                                                        35 934
                                                  150 000



                                                            cw




                                                                                                                                1,000 EUR
                                    9 294                                                               20 875      400 000
                                    7 518
                                    6 282
                                                            Tonnes
                       86 277                                                                                       300 000
     76 697                                       100 000
                                                                         193 789           205 521     281 816
                                    73 404
                                                                                                                    200 000
                       46 135                                                              88 625
     41 189                                                               80 793
                                                  50 000
                       4 390                                              12 591                                    100 000
     2 453                          46 415                                                 21   701
     1 6890 0          44286
                          57                                               51506
                                                                             05                        103 403
     18 030            17 981                                             46 297           12
                                                                                            1   890
                                                                                                427
                                                  0                                        32   421
                                                                                                                    0
   Jan-Apr 09        Jan-Apr 10   Jan-Apr 11                            Jan-Apr 09        Jan-Apr 10   Jan-Apr 11

Russia                 Turkey               Lebanon                  Russia                Turkey            Lebanon
Croatia                Algeria              Switzerland              Croatia               Algeria           Switzerland
Other destinations                                                   Other destinations


                DG AGRI, European Commission – 23 June 2011                                                                19
                             EU exports of beef and live animals (3):
                  Licence applications for exports with refunds (tonnes cwe)
                                       G A T T 2010 - 11         Live   Fresh Frozen                    Tinned           Total
                                          Jul 09 - Jun 10       22 886  42 638 18 198                    936             84 658
                                         Jul 10 - Jun 11        25 748 200 364 55 865                      0            281 976        !!! June 2011 not complete
                                                    %share           9.1%        71.1%       19.8%                         100.0%
                                         % chg /prev.per        +12.5%        +369.9% +207.0%                           +233.1%


       EVOLUTION IN EXPORT STRUCTURE ( % share - GATT years )                                       EVOLUTION PER CATEGORY ( tonnes cw e - GATT years )
100%
                                                                                         160 000
80%

                                                                                         120 000
60%

                                                                                          80 000
40%


20%                                                                                       40 000


 0%                                                                                           0
        2004-05    2005-06   2006-07   2007-08   2008-09   2009-10   2010-11 *                        Live animals        Fresh beef       Frozen beef        Tinned beef

  Live animals          Fresh beef          Frozen beef         Tinned beef               2004-05     2005-06        2006-07   2007-08     2008-09       2009-10    2010-11 *


                      DG AGRI, European Commission – 23 June 2011                                                                                              20
        EU imports of beef and live animals (1):
        Trade figures (COMEXT – tonnes cwe)
                    2007              2008              2009              2010            Jan-Apr 11       Compared
  Origins
                tonnes      %     tonnes      %     tonnes      %     tonnes      %     tonnes     %      to Jan-Apr 10
Brazil          363 839 65.4% 171 454 43.4% 149 007 34.6% 144 791 38.2%                  39 831   38.4%     - 21.1%
Argentina        97 656 17.6%      92 924 23.5% 122 494 28.4%          79 487 21.0%      21 681   20.9%     - 31.4%
Uruguay          39 544    7.1%    66 402 16.8%      79 144 18.4%      66 156 17.5%      19 380   18.7%     - 31.0%
USA               2 746    0.5%     6 547    1.7%     9 609    2.2%    15 290    4.0%     6 402    6.2%    + 50.4%
New Zealand       5 756    1.0%    12 455    3.2%    15 783    3.7%    13 669    3.6%     5 080    4.9%     + 2.9%
Australia        10 019    1.8%    12 957    3.3%    16 937    3.9%    13 628    3.6%     4 392    4.2%    + 30.8%
Switzerland       2 855    0.5%     2 919    0.7%     4 394    1.0%     4 450    1.2%     2 036    2.0%    + 51.7%
Namibia          10 467    1.9%    10 348    2.6%    12 457    2.9%    13 571    3.6%     1 053    1.0%     - 72.9%
Botswana         13 929    2.5%    10 395    2.6%    11 452    2.7%    15 763    4.2%       980    0.9%     - 75.1%
Chile             2 844    0.5%     2 550    0.6%     3 158    0.7%     2 441    0.6%       304    0.3%    + 37.3%
Serbia            2 324    0.4%     1 784    0.5%       990    0.2%     1 127    0.3%       229    0.2%     - 33.1%
EXTRA EU 25/27556 024             395 063           431 182           378 954           103 707
% change                            - 29%              + 9%             - 12%           - 23.6%




           DG AGRI, European Commission – 23 June 2011                                                             21
           EU imports of beef and live animals (2):
           Trade figures (COMEXT)

       IMPORTS of Beef & Veal into EU                                        IMPORTS of Beef & Veal into EU
                (Tonnes cwe)                                                           (1000 EUR)
                                                  160 000                                             537 387     600 000
                                                                           508 508
      135 676       134 844                                                          501 695
                                                  140 000                                             62 166      500 000
      14 410        15 520                                                 53 786     63 344
                                     103 707      120 000
                                                                                                                  400 000
      28 487                         11 333       100 000                  102 683                    98 376
                    28 087                                                            98 524                                in
                                                              In
                                                  80 000    Tonnes                                                300 000 1 0 0 0
                                     19 380                  cwe                                                           EUR
      38 350        31 587                                                 177 676   144 597          152 762
                                                  60 000
                                                                                                                  200 000
                                     21 681
                                                  40 000
                                                                                                                  100 000
      46 072        50 455                        20 000                   135 659   153 512          158 038
                                     39 831

                                                  0                                                               0
  Jan-Apr 09       Jan-Apr 10       Jan-Apr 11                         Jan-Apr 09    Jan-Apr 10      Jan-Apr 11

Brazil                Argentina               Uruguay                Brazil            Argentina            Uruguay

USA                   New Zealand             Other destinations     USA               New Zealand          Other destinations

                DG AGRI, European Commission – 23 June 2011                                                            22
             EU trade balance of beef and live animals
                                                                                                                                        1 400

 1 263

         1 171                                                         IMPORTS                EXPORTS                                   1 200
                 1 120

                                 1 028
                                                                                                                                        1 000


                          825

                                          736                                                                                           800


                                                  598     598
                                                                                565             556                                     600
                                                                513    529              513
                                                        491        481                                                    485
452             446             436                                       455
                                       429                                                                      431
       403              401                     398                                                     395             379
                                                                                  352                                                   400
                                                                                          292             292
                                                                                                  248             249
                                                                                                                                  219
                                                                                                                                        200
                                                                                                                                104


                                                                                                                                        0
1995     1996    1997    1998   1999     2000   2001    2002    2003   2004     2005    2006    2007    2008    2009    2010    Jan-
                                                                                                                                 Apr
                                                                                                                                 11
             DG AGRI, European Commission – 23 June 2011                                                                                        23
Source : GTA                                  * Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90)



                                         Main Exporters of BEEF* Products (up to April)




                                                                                                                                                           United States
                                                                                                                                                                                                                                                                                                             800
         United States




                                                                                                                                                                                                                                                                                                             700



                                                                                                                                                                                                                                                                                                             600




                                                                                                                                                                           Australia
                         Australia




                                                                                                                                                                                                                                                                                                             500




                                                                                                                                                                                                                                                                                                                   Qty in 1000 Tonnes
                                     Brazil




                                                                                                                             .




                                                                                                                                                                                                                                                                               .
                                                                                                                                                                                       Brazil
                                                                                                                                                                                                                                                                                                             400
                                              New Zealand




                                                                                Argentina (up to Feb 11)




                                                                                                                                                                                                New Zealand
                                                                                                                             Uruguay (up to Feb 11)




                                                                                                                                                                                                                                  Argentina (up to Feb 11)


                                                                                                                                                                                                                                                                               Uruguay (up to Feb 11)
                                                            Canada




                                                                                                                                                                                                                                                                                                             300




                                                                                                                                                                                                              Canada
                                                                                                           China + H. Kong




                                                                                                                                                                                                                                                             China + H. Kong
                                                                                                                                                                                                                                                                                                             200




                                                                                                                                                                                                                                                                                                        EU
                                                                     Paraguay




                                                                                                                                                                                                                       Paraguay
                                                                                                                                                                                                                                                                                                             100
                                                                                                                                                      EU




                                                                                                                                                                                                                                                                                                             0

                                      2010 (up to April)                                                                                                                               2011 (up to April)

      DG AGRI, European Commission – 23 June 2011                                                                                                                                               No 2011 data for India (587 000 T in 2010)
                                                                                                                                                                                                                                        24
           * EU was the 7th biggest importer of Beef products in 2010
Source : GTA                                                 Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90)



                                                  Main Importers of BEEF Products (up to April)

                                                                                                                                                                                                                                       350
       United States
                       China + H. Kong




                                                                                                                                       China + H. Kong
                                                                                                                       United States
                                                                                                                                                                                                                                       300




                                                                                                                                                                          Mexico (up to Mar 11)
                                                          Mexico (up to Mar 11)




                                                                                                                                                         Russia
                                                                                                                                                                                                                                       250
                                         Russia




                                                                                                                                                                  Japan




                                                                                                                                                                                                                                             Qty in 1000 Tonnes
                                                  Japan




                                                                                                                                                                                                  South Korea
                                                                                                                                                                                                                                       200
                                                                                  South Korea




                                                                                                                                                                                                                                       150




                                                                                                                                                                                                                              Turkey
                                                                                                EU
                                                                                                     Canada




                                                                                                                                                                                                                     Canada
                                                                                                                                                                                                                                       100




                                                                                                                                                                                                                EU
                                                                                                              Turkey




                                                                                                                                                                                                                                       50



                                                                                                                                                                                                                                       0
                                         2010 (up to April)                                                                                              2011 (up to April)

          DG AGRI, European Commission – 23 June 2011                                                                                                                                                                                                         25

                * EU was the 7th biggest importer of Beef products in 2009
                  Market prices for Adult Male Bovine in Brazil (Pecuaria.com.br),
                            Argentina (Oncca) Uruguay (Inac) and EU



              300,0




              250,0
€uro/ 100kg




              200,0




              150,0




              100,0
                       |     year      |     Year     |     Year      |     Year      |    Year 2011        |
                             2007            2008           2009            2010

              EU Beef A/C R3                                   AVG Arroba do Boi (6 St) (Pecuària.com.br)
              Novillos Export (Oncca Argentina)                Media Res Novillo (Inac Uruguay)

                      DG AGRI, European Commission – 23 June 2011                                      26
               weekly US & EU Steer prices in €uro/100kg
360,00


320,00


280,00


240,00


200,00


160,00


120,00


 80,00
       |                 09              |                10                  |            11
     Steers 550-700lb Omaha (Nebraska)         Feeder Steer 600-700lb Oklahoma City
     EU Beef C R3                              Steers 1050 - 1200lb Okla/ Tex
     Canada: All Steers                        Australia: All Steers



         DG AGRI, European Commission – 23 June 2011                                  27
                                   Conclusion

                       Evolution in EU prices
                Categories Global View (€/100 kg cw)


350
                                                              A R3



300
                                                              C R3




250
                                                              D O3




                                                              E R3
200
        2007          2008          2009        2010   2011


  DG AGRI, European Commission – 23 June 2011                 28

								
To top