BEEF & VEAL MARKET SITUATION "Single CMO" Committee 20 February 2014

BEEF & VEALMARKET SITUATION

"Single CMO" Committee 20 February 2014

2

E.U. E V O L U T I O N

T O T A L B O V I N E


T O T A L B O V I N E L I V E S T O C K May / June SURVEY

L I V E S T O C K May / June SURVEY

May/Jun %Var %Var %Var %Var

2013 2013 2013 2013

1000 Hd 2010 2011 2012 2013 2012 2010 2011 2012 2013 2012 2010 2011 2012 2013 2012 2010 2011 2012 2013 2012

BE 2.593 2.560 2.484 2.455 -1,2% 758 759 701 693 -1,1% 505 495 499 497 -0,3% 1.329 1.306 1.284 1.264 -1,6%

BGCZDK 1.642 1.645 1.629 1.603 -1,6% 547 550 544 523 -3,9% 325 328 322 328 +1,9% 771 766 763 752 -1,4%

DE 12.810 12.563 12.477 12.587 +0,9% 3.902 3.800 3.850 3.849 -0,0% 3.083 2.993 2.912 3.011 +3,4% 5.825 5.771 5.715 5.727 +0,2%

EEIE 6.607 6.493 6.754 6.903 +2,2% 1.761 1.846 2.036 1.969 -3,3% 1.632 1.528 1.660 1.811 +9,1% 3.213 3.119 3.058 3.123 +2,1%

ELES 6.277 6.048 6.003 5.822 -3,0% 2.184 1.994 2.084 2.026 -2,8% 721 963 862 801 -7,1% 3.372 3.091 3.057 2.995 -2,0%

FR 20.002 19.714 19.282 19.179 -0,5% 5.747 5.701 5.602 5.497 -1,9% 3.527 3.502 3.452 3.529 +2,2% 10.728 10.512 10.227 10.153 -0,7%

IT 6.056 5.790 5.527 6.053 +9,5% 1.704 1.693 1.455 1.587 +9,1% 1.525 1.424 1.316 1.480 +12,5% 2.827 2.673 2.756 2.986 +8,4%

CYLVLTLUHUMTNL 3.970 3.868 3.879 4.000 +3,1% 1.590 1.551 1.569 1.616 +3,0% 670 623 614 624 +1,6% 1.720 1.695 1.696 1.759 +3,7%

AT 2.019 1.982 1.957 1.939 -0,9% 623 614 614 604 -1,5% 453 437 428 435 +1,5% 943 931 915 900 -1,6%

PL 5.724 5.762 5.777 5.860 +1,4% 1.457 1.481 1.469 1.586 +8,0% 1.244 1.300 1.344 1.422 +5,8% 3.023 2.981 2.964 2.852 -3,8%

PTRO 2.501 2.113 2.063 2.054 -0,4% 604 509 467 478 +2,3% 274 249 242 236 -2,6% 1.595 1.332 1.332 1.340 +0,6%

SISKFISE 1.537 1.512 1.500 1.506 +0,4% 480 475 481 468 -2,8% 388 378 368 381 +3,4% 672 659 651 657 +1,0%

UK 10.112 9.933 9.900 9.843 -0,6% 2.860 2.847 2.905 2.808 -3,3% 2.477 2.420 2.419 2.474 +2,3% 4.775 4.667 4.576 4.561 -0,3%

EU 81.848 79.982 79.233 79.803 +0,7% 24.217 23.819 23.777 23.703 -0,3% 16.823 16.639 16.439 17.029 +3,6% 40.794 39.503 38.996 39.070 +0,2%

Source : EStat New cronos EU %Var is calculated considering only countries available in 2012 AND 2013

TOT LIVESTOCK BOVINE < 1 Year BOVINE 1-2 Year BOVINE > 2 Year

3




C O W S


C O W S

May/Jun %Var %Var %Var

2013 2013 2013

1000 Hd 2010 2011 2012 2013 2012 2010 2011 2012 2013 2012 2010 2011 2012 2013 2012

BE 1.049 1.029 1.035 1.027 -0,8% 521 508 509 487 -4,3% 528 521 525 539 +2,7%

BGCZDK 686 686 688 678 -1,5% 574 575 582 576 -1,0% 112 110 106 102 -3,8%

DE 4.900 4.884 4.865 4.896 +0,6% 4.183 4.185 4.191 4.223 +0,8% 717 699 673 673 -0,1%

EEIE 2.229 2.240 2.289 2.314 +1,1% 1.093 1.139 1.141 1.163 +2,0% 1.137 1.102 1.149 1.150 +0,1%

ELES 2.830 2.734 2.638 2.595 -1,6% 837 851 836 823 -1,5% 1.992 1.882 1.803 1.772 -1,7%

FR 7.893 7.860 7.706 7.682 -0,3% 3.608 3.589 3.536 3.545 +0,2% 4.284 4.272 4.170 4.137 -0,8%

IT 2.248 2.106 2.168 2.381 +9,9% 1.851 1.718 1.800 1.989 +10,5% 397 389 367 392 +6,8%

CYLVLTLUHUMTNL 1.590 1.568 1.583 1.637 +3,4% 1.510 1.463 1.484 1.553 +4,6% 80 105 99 84 -15,2%

AT 800 792 782 769 -1,7% 535 532 529 524 -0,9% 264 260 253 245 -3,4%

PL 2.656 2.626 2.578 2.526 -2,0% 2.538 2.473 2.441 2.356 -3,5% 118 153 137 170 +24,2%

PTRO 1.448 1.195 1.205 1.222 +1,4% 1.431 1.181 1.188 1.208 +1,7% 16 14 18 13 -25,0%

SISKFISE 546 542 541 539 -0,2% 348 347 348 346 -0,5% 198 197 193 193 +0,3%

UK 3.503 3.489 3.469 3.393 -2,2% 1.847 1.814 1.812 1.782 -1,7% 1.657 1.675 1.657 1.611 -2,8%

EU 32.376 31.752 31.546 31.658 +0,4% 20.877 20.374 20.397 20.576 +0,9% 11.501 11.378 11.149 11.081 -0,6%

Source : EStat New cronos EU %Var is calculated considering only countries available in 2012 AND 2013

OTHER COWSTOTAL COWS DAIRY COWS

4







0

10.000

20.000

30.000

40.000

50.000

2010 2011 2012 2013

10

00

He

ads

Bov <1y Bov 1y-2y Bov >2y

Participating Countries : BE DK DE IE ES FR IT NL AT PL RO SE UK ( May / June survey )Source : EStat Newcronos

5




T O T A L C O W S


T O T A L C O W S

0

5.000

10.000

15.000

20.000

25.000

2010 2011 2012 2013

1000

Hea

ds

DAIRY COWS OTHER COWS

Participating Countries : BE DK DE IE ES FR IT NL AT PL RO SE UK ( May / June survey )Source : EStat Newcronos

6

P R O D U C T I O N P R O D U C T I O N % E V O L U T I O N

H E A D S

% E V O L U T I O N

H E A D S

Estimates for last month of period :BG CY Source : EStat - Newcronos

Cow

Heifer

Calve

Bull

Jan-Nov 13/12

EU15 EU28HEADS

-2,2% -1,9%

Meat of bovine

animals

-5,5% -5,6%

-4,8% -5,9%

-1,7% -1,7%

-5,6% -6,2%

Bullock

Young cattle

-4,5%

-4,6% -4,5%

-4,2%

-2,8

%+5

,1%

-3,7

%-1

,0%

-4,6

%+2

,1%

+7,2

%-1

5,4%

-3,1

%-5

,0%

-4,7

%-1

3,1%

-13,

1%-3

,9%

-9,6

%-6

,3%

-6,7

%+2

,4%

-1,4

%+1

,7%

-9,6

%-1

1,1%

+4,0

%-6

,0%

-2,8

%-0

,1%

-1,1

%-1

,5%

- 20 %

- 10 %

0%

+ 10 %

- 20 %

- 10 %

0%

+ 10 %

BE BG CZ DK DE EE IE EL ES FR HR IT CY LV LT LU HU MT NL AT PL PT RO SI SK FI SE UK

EU : - 4,5%

7

P R O D U C T I O N P R O D U C T I O N % E V O L U T I O N

T O N N E S

% E V O L U T I O N

T O N N E S

Estimates for last month of period :BG CY Source : EStat - Newcronos

Meat of bovine

animals-4,3%-4,4%

-0,8% -0,7%Young cattle

Calve

-6,7%

Heifer

Bull -1,2%

-3,5%

-7,1%

-5,3%

-7,4%

-1,6%

Cow

Bullock -3,9%

-5,4%

-7,2%

TONNESEU15 EU28

Jan-Nov 13/12

-5,6

%+9

,3%

-2,3

%-1

,1%

-3,9

%+3

,6%

+4,3

%-1

0,7%

-1,9

%-5

,2%

+0,5

%-1

2,9%

-18,

6%-4

,5%

-9,1

% -6,9

%-7

,6%

+4,0

%-0

,7%

+2,7

%-5

,3%

-10,

1%+2

,5%

-4,0

% -2,5

% -0,9

%-0

,2%

-4,0

%

- 20 %

- 10 %

0%

+ 10 %

- 20 %

- 10 %

0%

+ 10 %

BE BG CZ DK DE EE IE EL ES FR HR IT CY LV LT LU HU MT NL AT PL PT RO SI SK FI SE UK

EU : - 4,3%

8

P R O D U C T I O N P R O D U C T I O N Abs.Value E V O L U T I O N

T O N N E S

Abs.Value E V O L U T I O N

T O N N E S

0

200

400

600

800

1000

1200

1400

B E B G C Z D K D E E E I E E L E S F R H 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

Cow

Bullock

Bull

Heifer

Young cattle

Calves

Source : EStat Newcronos 1000 TONNES : Jan-Nov 12 / Jan-Nov 13

9

P R O D U C T I O N P R O D U C T I O N H I S T O R I C

T O N N E S

H I S T O R I C

T O N N E S

500

550

600

650

700

750

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

1.00

0 T

on

ne

s

2 0 1 1 2 0 1 2 2 0 1 3

Beef & Veal Production (E28 Slaughtering) - Tonnes

Source : EStat-Newcronos

10

P R O D U C T I O N P R O D U C T I O N E.U. E V O L U T I O N

A D U L T C A T T L E



0

200

400

600

800

1000

1200



Cow

Bullock

Bull

Heifer


11

P R O D U C T I O N P R O D U C T I O N E.U. E V O L U T I O N

V E A L


V E A L

0

50

100

150

200

250


YOUNG CATTLE & CALVES

Young cattle

Calves


12

P R I C E S C A R C A S S E S P R I C E S C A R C A S S E S


Y O U N G B U L L – A.R3


Y O U N G B U L L – A.R3

381,86 381,46% change y/y : - 3,0% % change y/y : - 3,8%

Price in week 06 : Average price in January 2014 :

300

320

340

360

380

400

300

320

340

360

380

400


2007-2011 Avg 2012 2013 2014

Source : Member States A - R 3 > Wk.06-2014

13


S T E E R – C.R3


S T E E R – C.R3




300

325

350

375

400

425

450

300

325

350

375

400

425

450


2007-2011 Avg 2012 2013 2014

Source : Member States C - R 3 > Wk.06-2014

14


A / C . R3


A / C . R3



177,2%% Ref. Price in wk 6 :


289,1

311,4

333,6

355,8

378,1

400,3

422,6

130%

140%

150%

160%

170%

180%

190%


€/100 kg cwe

2007-2011 Avg 2012 2013 2014

% of Reference Price

Source : Member States AC - R 3 > Wk.06-2014

15


C O W – D.O3


C O W – D.O3




220

240

260

280

300

320

340

220

240

260

280

300

320

340


2007-2011 Avg 2012 2013 2014

Source : Member States D - O 3 > Wk.06-2014

16


H E I F E R – E.R3


H E I F E R – E.R3




310

330

350

370

390

410

430

310

330

350

370

390

410

430


2007-2011 Avg 2012 2013 2014

Source : Member States E - R 3 > Wk.06-2014

17


All CAT GLOBAL VIEW


All CAT GLOBAL VIEW


200

250

300

350

400

450

2007 2008 2009 2010 2011 2012 2013 2014

A R3

C R3

D O3

E R3

Source : Member StatesLast Update : Week 06 - 2014

18

Male store cattle (6-12 months; ≤ 300 kg – €/100 kg live weight)


MALE STORE CATTLE


MALE STORE CATTLE

P R I C E S L I V E B O V I N E S P R I C E S L I V E B O V I N E S

251,96 247,93% change y/y : + 1,7% % change y/y : - 0,3%


200

210

220

230

240

250

260

270

200

210

220

230

240

250

260

270


2007-2011 Avg 2012 2013 2014

Source : Member BROUT > Wk.06-2014

19

Male calves aged between 8 days and 4 weeks (€/head)



Male Calves – 8D4W


Male Calves – 8D4W



160

180

200

220

240

260

160

180

200

220

240

260


2007-2011 Avg 2012 2013 2014

Source : Member 8D4W > Wk.06-2014

20

Butcher calves (€/100 kg cw)



Butcher Calves


Butcher Calves

601,88 601,41% change y/y : + 3,4% % change y/y : + 3,6%


480

500

520

540

560

580

600

620

480

500

520

540

560

580

600


2007-2011 Avg 2012 2013 2014

Source : Member BOUCH > Wk.06-2014

21

M A R G I N M A R G I N E.U. E V O L U T I O N

Animal + Feed Purchase COST



0,00

100,00

200,00

300,00

400,00

500,00

600,00

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

€uro

/ he

ad

Remainder of: Selling price AR 3, minus costs for calf purchased and feedcost for grain fattening

Extra gain of FCR between 7- 6 Remainder Young B ul ls A.R 3 Calf price when purchased

average remainder incl. extra gain Intensive Feedcost x*6

22

M A R G I N M A R G I N E.U. E V O L U T I O N




0,00

100,00

200,00

300,00

400,00

500,00

600,00

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

€uro

/hea

d

Remainder of: Selling price AR 3, minus costs forcalf purchased and feedcost for grain/ grass fattening

Extra gain of FCR between 7- 6 Remainder Young B ul ls A.R 3 Calf price when purchased

Pasture Feedcost x*6 average remainder incl. extra gain

23

EXPORT

2009 2010 Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Dec 12

Russia 50 881 22.1% 135 991 28.7% 138 910 22.3% 97 829 19.2% 72 299 15.9% - 26.1%

Ghana 5 626 2.4% 11 561 2.4% 21 979 3.5% 28 693 5.6% 40 793 9.0% + 42.2%

Lebanon 7 838 3.4% 35 814 7.6% 25 200 4.0% 27 474 5.4% 26 367 5.8% - 4.0%

Algeria 6 681 2.9% 16 259 3.4% 17 970 2.9% 17 324 3.4% 25 935 5.7% + 49.7%

Hong Kong 9 696 4.2% 12 292 2.6% 19 449 3.1% 17 895 3.5% 28 536 6.3% + 59.5%

Switzerland 19 298 8.4% 22 619 4.8% 26 720 4.3% 19 911 3.9% 26 561 5.9% + 33.4%

Norway 4 691 2.0% 1 636 0.3% 7 115 1.1% 14 621 2.9% 10 248 2.3% - 29.9%

Ivory Coast 13 404 5.8% 14 831 3.1% 18 177 2.9% 15 929 3.1% 21 620 4.8% + 35.7%

Bosnia-Herz. 13 717 6.0% 17 082 3.6% 21 423 3.4% 19 715 3.9% 26 844 5.9% + 36.2%

For.JRep.Mac 9 934 4.3% 9 713 2.1% 13 244 2.1% 11 447 2.3% 10 630 2.3% - 7.1%

Israel 2 933 1.3% 9 234 2.0% 8 720 1.4% 8 435 1.7% 9 378 2.1% + 11.2%

Morocco 4 841 2.1% 10 876 2.3% 12 070 1.9% 6 660 1.3% 6 013 1.3% - 9.7%

Angola 7 483 3.2% 5 228 1.1% 8 935 1.4% 8 258 1.6% 10 590 2.3% + 28.2%

China 1 608 0.7% 1 375 0.3% 3 808 0.6% 5 561 1.1% 7 532 1.7% + 35.4%

Vietnam 7 006 3.0% 4 356 0.9% 3 087 0.5% 3 042 0.6% 3 174 0.7% + 4.4%

Turkey 571 0.2% 71 029 15.0% 166 776 26.7% 101 474 20.0% 5 151 1.1% - 94.9%

Other Destinations 64 168 27.9% 93 232 19.7% 110 524 17.7% 104 204 20.5% 122 092 26.9% + 20.2%

EXTRA EU 230 377 473 128 624 104 508 473 453 763

% change + 105% + 32% - 19% - 10.8%

2011 Jan-Dec 132012

EU exports of beef and live animals (1):Trade figures (COMEXT – tonnes cwe)

DestinationsDestinations

T R A D E T R A D E E.U. E X P O R T S

Beef & Live Animals

E.U. E X P O R T S

Beef & Live Animals

24

EU exports of beef and live animals:Trade figures (COMEXT)

365 099 283 617176 099

682 135

686 654

804 260

1 885 255

1 636 574

1 284 416

0

200 000

400 000

600 000

800 000

1 000 000

1 200 000

1 400 000

1 600 000

1 800 000

2 000 000

Jan-Dec 11 Jan-Dec 12 Jan-Dec 13

1,00

0 EU

R

EU EXPORTS of Beef & Veal (1000 EUR)

Russia Ghana Lebanon Algeria Turkey Other destinations

138 91097 829

21 97928 694 40 793

253 269

235 678

283 217

624 104

508 473

453 763

0

100 000

200 000

300 000

400 000

500 000

600 000

700 000


Tonn

es c

w

EU EXPORTS of Beef & Veal (Tonnes cwe)

Russia Ghana Lebanon Algeria Turkey Other destinations


Beef & Live Animals

E.U. E X P O R T S

Beef & Live Animals

25

0

10 000

20 000

30 000

40 000

50 000

60 000

70 000

80 000

|Jan06

2006 |Jan07

2007 |Jan08

2008 |Jan09

2009 |Jan10

2010 |Jan11

2011 |Jan12

2012 |Jan13

2013

in Tonnes cwe

EU-28 Exports of BEEF products

LIVE ANIMALS FRESH FROZEN PREPARED OTHERS


B e e f P r o d u c t s

E.U. E X P O R T S


26

EU beef Exports to TURKEYTrade figures (COMEXT data) tonnes cwe


B e e f t o T U R K E Y

E.U. E X P O R T S

B e e f t o T U R K E Y

0

5 000

10 000

15 000

20 000

25 000

30 000

35 000

40 000

Jan

10

Feb

10

Mar

10

Apr

10

May

10

Jun

10

Jul 1

0

Aug

10

Sep

10

Oct

10

Nov

10

Dec

10

Jan

11

Feb

11

Mar

11

Apr

11

May

11

Jun

11

Jul 1

1

Aug

11

Sep

11

Oct

11

Nov

11

Dec

11

Jan

12

Feb

12

Mar

12

Apr

12

May

12

Jun

12

Jul 1

2

Aug

12

Sep

12

Oct

12

Nov

12

Dec

12

Jan

13

Feb

13

Mar

13

Apr

13

May

13

Jun

13

Jul 1

3

Aug

13

Sep

13

Oct

13

Nov

13

Dec

13

Fresh Bovine "Compensated" quarters

Fresh Bovine (un)-separated Forequarters

Fresh Bovine (un)-separated Hindquarters

Frozen Bovine "Compensated" quarters

Live Animals

TOTAL

27

EU beef Exports to RUSSIATrade figures (COMEXT data) tonnes cwe


B e e f t o R U S S I A

E.U. E X P O R T S

B e e f t o R U S S I A

0

2 000

4 000

6 000

8 000

10 000

12 000

14 000

16 000

18 000

20 000

22 000

24 000

Jan

10

Fe

b 1

0

Ma

r 1

0

Ap

r 1

0

Ma

y 1

0

Jun

10

Jul 1

0

Au

g 1

0

Se

p 1

0

Oct

10

No

v 1

0

De

c 1

0

Jan

11

Fe

b 1

1

Ma

r 1

1

Ap

r 1

1

Ma

y 1

1

Jun

11

Jul 1

1

Au

g 1

1

Se

p 1

1

Oct

11

No

v 1

1

De

c 1

1

Jan

12

Fe

b 1

2

Ma

r 1

2

Ap

r 1

2

Ma

y 1

2

Jun

12

Jul 1

2

Au

g 1

2

Se

p 1

2

Oct

12

No

v 1

2

De

c 1

2

Jan

13

Fe

b 1

3

Ma

r 1

3

Ap

r 1

3

Ma

y 1

3

Jun

13

Jul 1

3

Au

g 1

3

Se

p 1

3

Oct

13

No

v 1

3

De

c 1

3

Live animals

Fresh Bovine meat

Frozen Bovine meat

Beef Offals

TOTAL

28


L i v e A n i m a l s

E.U. E X P O R T S

L i v e A n i m a l s

2 01

4

.3

112

.

2 25

9

.2

699

.

2 76

0

.2

061

.

2 95

2

.3

399

.

3 83

4

.2

799

.

2 98

9

.2

611

.

6 55

2

.9

628

.

7 07

5

.7

577

.

6 09

5

.2

576

.

3 38

0

.4

416

.

8 02

6

.11

068

.7

263

.

6 50

3

.5

560

.

2 62

9

. 4 63

7

.2

152

.

868

.

974

.

596

.

388

.

204

.

414

.

205

.

215

.

263

.

42

.

192

.

231

.

2 11

1

.

2 51

1

.3

565

.

6 28

5

.4

134

.

3 93

8

.3

738

.

2 65

6

.2

173

.

1 92

9

.

3 34

8

.

3 97

9

.

3 25

9

.

2 19

6

.1

995

.

2 44

1

.5

161

.

4 17

3

.1

747

.

2 75

7

. 1 34

4

.1

992

.

2 07

1

.1

174

.

3 09

4

.3

207

.

2 30

5

.1

627

.

2 01

6

.1

436

. 1 38

1

.2

207

.

2 68

7

.2

018

.

2 37

5

.2

562

.

3 11

1

.

3 23

7

.3

342

.

2 06

6

.2

026

.

3 37

2

.2

744

.

3 66

0

.2

600

.

4 12

5

.2

099

.

1 96

9

.3

190

.

3 37

3

.4

752

.

4 07

3

.4

449

. 3

954

.

4 88

5

.5

968

.

4 62

9

.3

896

.

3 76

5

.3

570

.

3 37

1

.3

257

.

3 88

9

.3

751

. 4 34

0

.4

306

.

5 28

9

.6

955

.

5 88

4

.6

495

.

4 05

5

.3

171

. 5

738

. 4

292

.

3 82

1

.4

099

.

5 07

5

.3

746

.

3 70

5

.4

307

.

4 60

8

.5

935

.

3 82

2

.3

991

. 4

867

. 6

715

.

5 70

1

.4

465

.

4 46

8

.2

051

.

4 37

6

.5

174

.

4 79

9

.5

344

.

0

5 000

10 000

15 000

20 000

25 000

Jan

09

Mar

09

May

09

Jul 0

9

Sep

09

Nov

09

Jan

10

Mar

10

May

10

Jul 1

0

Sep

10

Nov

10

Jan

11

Mar

11

May

11

Jul 1

1

Sep

11

Nov

11

Jan

12

Mar

12

May

12

Jul 1

2

Sep

12

Nov

12

Jan

13

Mar

13

May

13

Jul 1

3

Sep

13

Nov

13

To

nn

es

CW

E

.

EU-28 Exports of LIVE Bovine Animals(Source COMEXT - Tonnes cwe)

Turkey Algeria Lebanon Other

29

EU imports of beef and live animals (1):Trade figures (COMEXT – tonnes cwe)

OriginsOrigins

T R A D E T R A D E E.U. I M P O R T S

Beef & Live Animals

E.U. I M P O R T S

Beef & Live Animals

2009 2010 Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Dec 12

Brazil 150 610 34.5% 145 105 38.2% 126 142 39.1% 126 927 41.3% 146 000 43.7% + 15.0%

Uruguay 82 053 18.8% 67 160 17.7% 51 936 16.1% 52 580 17.1% 51 615 15.4% - 1.8%

Argentina 124 158 28.5% 80 186 21.1% 62 705 19.4% 51 697 16.8% 47 934 14.3% - 7.3%

Australia 17 161 3.9% 13 810 3.6% 18 278 5.7% 21 311 6.9% 28 108 8.4% + 31.9%

USA 9 730 2.2% 15 308 4.0% 22 999 7.1% 21 097 6.9% 22 281 6.7% + 5.6%

New Zealand 15 795 3.6% 13 712 3.6% 15 471 4.8% 15 377 5.0% 13 958 4.2% - 9.2%

Namibia 12 576 2.9% 13 571 3.6% 9 005 2.8% 8 848 2.9% 11 113 3.3% + 25.6%

Botswana 11 452 2.6% 15 763 4.1% 980 0.3% 474 0.2% 6 280 1.9% +++

Switzerland 4 404 1.0% 4 461 1.2% 5 661 1.8% 4 948 1.6% 4 286 1.3% - 13.4%

Canada 848 0.2% 716 0.2% 917 0.3% 826 0.3% 950 0.3% + 15.0%

Serbia 990 0.2% 1 127 0.3% 789 0.2% 741 0.2% 618 0.2% - 16.6%

Chile 3 156 0.7% 2 441 0.6% 2 254 0.7% 1 710 0.6% 538 0.2% - 68.5%

Norway 45 0.0% 293 0.1% 263 0.1% 150 0.0% 201 0.1% + 33.6%

Iceland 59 0.0% 203 0.1% 399 0.1% 241 0.1% 196 0.1% - 18.6%

Russia 116 0.0% 41 0.0% 100 0.0% 72 0.0% 151 0.0% + 109.7%

Thailand 106 0.0% 33 0.0% 54 0.0% 5 0.0% 80 0.0% +++

Swaziland 151 0.0% 52 0.0% 50 0.0% 51 0.0% 66 0.0% + 28.6%

Other Origins 2 812 0.6% 5 929 1.6% 4 518 1.4% 332 0.1% 87 0.0% + 14.1%

EXTRA EU 436 222 379 910 322 521 307 388 334 463

% change - 13% - 15% - 5% + 8.8%

2011 Jan-Dec 132012

30

EU imports of beef and live animals (2):Trade figures (COMEXT)


Beef & Live Animals

E.U. I M P O R T S

Beef & Live Animals

126 142 126 927 146 000

51 936 52 57951 615

62 705 51 69747 934

40 46233 776

38 526322 521 307 387

334 463

0

50 000

100 000

150 000

200 000

250 000

300 000

350 000

400 000


InTonnes

cwe

IMPORTS of Beef & Veal into EU (Tonnes cwe)

Brazil Uruguay Argentina Australia USA Other origins

550 805 570 399 594 634

277 866 286 297 271 716

467 436 422 495 385 322

99 783 117 719 154 445

225 580 189 518 186 255

1 756 013 1 745 824 1 755 916

0

200 000

400 000

600 000

800 000

1 000 000

1 200 000

1 400 000

1 600 000

1 800 000

2 000 000


in 1000EUR

IMPORTS of Beef & Veal into EU (1000 EUR)

Brazil Uruguay Argentina Australia USA Other origins

31



E.U. I M P O R T S


0

10 000

20 000

30 000

40 000

50 000

60 000

|Jan06

2006 |Jan07

2007 |Jan08

2008 |Jan09

2009 |Jan10

2010 |Jan11

2011 |Jan12

2012 |Jan13

2013

in Tonnes cwe

EU-28 Imports of BEEF products

FRESH FROZEN PREPARED OTHERS

32

452403

446401

436 429398

491 513 529565

513556

395431

379324 307

249

1 263

1 1711 120

825

1 028

736

598 598

481455

352292

248292

249

487

636

519

328

0

200

400

600

800

1 000

1 200

1 400

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Jan-Sep13

1000 Tonne

IMPORTS EXPORTS

452403

446401

436 429398

491 513 529565

513556

395436

380323 307

334

1 263

1 1711 120

825

1 028

736

598 598

481455

352292

248292

230

473

624

508454

0

200

400

600

800

1 000

1 200

1 400

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Jan-Dec13

1000 Tonne

IMPORTS EXPORTS

Trade balance of beef and live animals

T R A D E T R A D E E.U. T R A D E B A L A N C E

Beef & Live Animals

E.U. T R A D E B A L A N C E

Beef & Live Animals

33

W O R L DB E E F M A R K E TW O R L DB E E F M A R K E T

EXCHANGE RATE INDEX / Euro

Main Trading Partners

EXCHANGE RATE INDEX / Euro

Main Trading Partners

60,0

80,0

100,0

120,0

140,0

160,0

180,0

I 2008 I 2009 I 2010 I 2011 I 2012 I 2013 I 2014 |

Index of monthly exchange rates of the main trading partners compared to the €uro

notification on the 1st of the monthJanuary 2001 = 100

Real US$ Ruble AUS$ CDN$

34


E.U. I M P O R T S

BEEF MAIN IMPORTERS

E.U. I M P O R T S

BEEF MAIN IMPORTERS

Source : GTA * Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90)

Uni

ted

Stat

es

Uni

ted

Stat

es

Chi

na +

H. K

ong

Chi

na +

H. K

ong

Rus

sia

Rus

sia

Japa

n

Japa

n

Mex

ico

(up

to N

ov)

Mex

ico

(up

to N

ov)

Sout

h K

orea

Sout

h K

orea

EU

EU

Can

ada

Can

ada

Chi

le

Chi

le

0

200

400

600

800

1 000

1 200

2012 (up to December) 2013 (up to December)

Qty

in 1

000 T

onnes

Main Importers of BEEF Products (up to December)

No 2103 figures available for : Mexico, Taiwan, Chile, ...

* Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90)

35


E.U. E X P O R T S

BEEF MAIN EXPORTERS

E.U. E X P O R T S

BEEF MAIN EXPORTERS

Source : GTA * Excl udi ng l i ve ani mal s (0102) , f ats, preparat i ons of several types of meat (0209, 0210 99 and 1602 90)

Uni

ted

Stat

es

Uni

ted

Stat

es

Aust

ralia

Aust

ralia

Bra

zil

Bra

zil

Indi

a (u

p to

Nov

)

Indi

a (u

p to

Nov

)

New

Zea

land

New

Zea

land

Can

ada

Can

ada

EU

EU

Uru

guay

Uru

guay

Para

guay

Para

guay

Arge

ntin

a

Arge

ntin

a

Mex

ico

(up

to N

ov)

Mex

ico

(up

to N

ov)

0

200

400

600

800

1 000

1 200

1 400

1 600

1 800

2012 (up to December) 2013 (up to December)

Qty

in 1

000 T

onnes

Main Exporters of BEEF Products (up to December)

* Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90)

36


STEER PRICES

US & EU

STEER PRICES

US & EU

100

150

200

250

300

350

400

450

| 10 | 11 | 12 | 13 | 14 |

weekly US & EU Steer prices in €uro/100kg carcase

Steers 550-700lb Omaha (Nebraska) Feeder Steer 600-700lb Oklahoma CityEU Beef C R3 Steers 1050 - 1200lb Okla/ TexCanada: All Steers (agr,gc,ca) Australia: All SteersNew Zeal. Avg steers T2 NI & SI

37


ADULT MALE BOVINE PRICES

Brazil Argentina Uruguay EU

ADULT MALE BOVINE PRICES

Brazil Argentina Uruguay EU

100

150

200

250

300

350

400

| Year2009

| Year2010

| Year2011

| Year2012

| Year2013

| Year2014

|

€uro

/ 10

0kg

Market prices for Adult Male Bovine in Brazil (Pecuaria.com.br), Argentina (abc-consrt),

Uruguay (Inac) and EU

EU Beef A/C R3 AVG Arroba do Boi (6 St) (Pecuària.com.br)

Media Res Novillo (Inac Uruguay) (abc-consort) Argentina Novillo

38

Hilton Quota Regulation (EU) No 593/2013

Order humber Origin

09.4001 Australia 2 250 - (0.00%) - (0.00%)09.4004 Argentina 200 33.57 (16.79%) 3.73 (1.87%)09.4450 Argentina 30 000 24 336.10 (81.12%) 12 979.53 (43.27%)09.4451 Australia 7 150 6 441.07 (90.08%) 4 254.44 (59.50%)09.4452 Uruguay 6 300 6 289.20 (99.83%) 2 587.54 (41.07%)09.4453 Brazil 10 000 2 977.93 (29.78%) 2 738.03 (27.38%)09.4454 New Zealand 1 300 1 281.13 (98.55%) 509.57 (39.20%)09.4002 Canada/US 11 500 432.44 (3.76%) 282.57 (2.46%)09.4455 Paraguay 1 000 - (0.00%) - (0.00%)

Total Beef 67 250 41 757.87 (62.09%) 23 351.68 (34.72%)Total Buffalo 2 450 33.57 (1.37%) 3.73 (0.15%)

69 700 41 791.44 (59.96%) 23 355.41 (33.51%)

*Until 31/12/2013

Total

Quantity allocated (tonnes)

2012/2013 2013/2014*

Use Use

High Quality BeefImport QuotaHigh Quality BeefImport Quota

39

Quota ergaomnes Regulation (EU) No 481/2012

Australia 1 783 126 (25.4%) 2 202 261 (25.6%) 1 975 453 (25.0%) 2 781 503 (31.4%) 8 742 343 (27.0%)Canada 102 968 (1.5%) 84 995 (1.0%) 103 149 (1.3%) 103 459 (1.2%) 394 571 (1.2%)New Zealand 1 324 (0.0%) 0 (0.0%) 0 (0.0%) 2 977 (0.0%) 4 301 (0.01%)US 4 213 338 (60.1%) 4 397 697 (51.0%) 3 851 121 (48.8%) 4 143 772 (46.8%) 16 605 928 (51.3%)Uruguay 907 848 (13.0%) 1 930 034 (22.4%) 1 959 427 (24.8%) 1 817 674 (20.5%) 6 614 983 (20.4%)Grand Total 7 008 604 (100%) 8 614 987 (100%) 7 889 150 (100%) 8 849 385 (100%) 32 362 126 (100%)Total useAvailableUse

Australia 3 342 302 (32.7%) 3 140 050 (29.9%) 1 508 046 (32.4%) 0 7 990 398 (31.5%)Canada 115 376 (1.1%) 156 534 (1.5%) 33 252 (0.7%) 0 305 162 (1.2%)New Zealand 20 425 (0.2%) 0 (0.0%) 20 450 (0.4%) 0 40 875 (0.2%)US 4 649 928 (45.5%) 4 382 073 (41.8%) 1 834 680 (39.4%) 0 10 866 681 (42.9%)Uruguay 2 083 435 (20.4%) 2 810 826 (26.8%) 1 262 426 (27.1%) 0 6 156 687 (24.3%)Grand Total 10 211 466 (100%) 10 489 483 (100%) 4 658 854 (100%) 0 25 359 803 (100%)Total useAvailableUse

* Until 14/02/2014

OriginGATT 2012-2013

2012-Q3 2012-Q4 2013-Q1 2013-Q2 TOTAL

9 825 000 12 050 000 12 050 000 12 050 000 45 975 00071.3% 71.5% 65.5% 73.4% 70.4%

OriginGATT 2013-2014*

2013-Q3 2013-Q4 2014-Q1 2014-Q2 TOTAL

12 050 000 12 050 000 12 050 000 12 050 000 48 200 00084.7% 87.0% 38.7% 0.0% 52.6%

(27.0%)(1.2%)

(0.01%)(51.3%)

(20.4%)

2012-2013

Australia

Canada

New Zealand

US

Uruguay

(31.5%)

(1.2%)(0.2%)

(42.9%)

(24.3%)

2013-2014*

Australia

Canada

New Zealand

US

Uruguay

Import QuotaImport Quota

Documents

BEEF & VEAL MARKET SITUATION "Single CMO" Committee 20 February 2014