BEEF & VEALMARKET SITUATION

"Single CMO" Management Committee 17 October 2013

2

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

T O T A L B O V I N E

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

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 1.761 1.846 2.036 1.632 1.528 1.660 3.213 3.119 3.058

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 5.861 +1,5% 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 9.883 -0,2% 2.860 2.847 2.905 2.807 -3,4% 2.477 2.420 2.419 2.493 +3,1% 4.775 4.667 4.576 4.583 +0,2%

EU 81.848 79.982 79.233 72.942 +0,6% 24.217 23.819 23.777 21.734 -0,0% 16.823 16.639 16.439 15.237 +3,1% 40.794 39.503 38.996 35.970 +0,1%

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

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

3

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

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

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

C O W S

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

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 1.093 1.139 1.141 1.137 1.102 1.149

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 +24,3%

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% 348 347 348 348 +0,0% 198 197 193 191 -0,6%

UK 3.503 3.489 3.469 3.408 -1,8% 1.847 1.814 1.812 1.800 -0,7% 1.657 1.675 1.657 1.607 -3,0%

EU 32.376 31.752 31.546 29.359 +0,4% 20.877 20.374 20.397 19.433 +0,9% 11.501 11.378 11.149 9.925 -0,7%

Source : EStat Newcronos IE 2011 extrapolation due to 'confidential data' status EU %Var is calculated considering only countries available in 2012 AND 2013

OTHER COWSTOTAL COWS DAIRY COWS

4

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 : Source : EStat - Newcronos

Young cattle

-4,0%

-2,4% -2,3%

-3,8%Meat of bovine

animals

-4,7% -4,8%

-5,6% -7,0%

-0,3% -0,2%

-5,3% -5,3%

Bullock

Bull

Jan-Jul 13/12

EU15 EU28HEADS

-2,1% -1,7%

Cow

Heifer

Calve

-4,8

%+1

1,5%

-2,6

%+0

,9%

-6,6

%+2

,5%

+10,

9%-1

3,5%

-1,5

%-4

,5% -2,7

%-1

1,7%

-14,

1%+0

,4%

-1,2

%-8

,2%

-1,7

%+6

,6%

-3,2

%+1

,8%

-9,5

%-1

1,5%

+17,

0%-7

,8%

-0,4

%+0

,6%

+0,9

%

- 20 %

- 10 %

0%

+ 10 %

+ 20 %

+ 30 %

- 20 %

- 10 %

0%

+ 10 %

+ 20 %

+ 30 %

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

EU : - 4,0%

5

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 : Source : EStat - Newcronos

TONNESEU15 EU28

Jan-Jul 13/12

-6,7%

-5,1%

-8,2%

-1,4%

Cow

Bullock -2,8%

-5,1%

-8,0%

Meat of bovine

animals-3,9%-4,1%

+1,5% +1,6%Young cattle

Calve

-6,9%

Heifer

Bull -0,9%

-2,7%-7

,4%

+17,

7%-1

,6%

+0,6

%-6

,3%

+5,0

%+6

,7%

-8,8

%-0

,4%

-4,6

%+2

,9%

-11,

2%-1

9,7%

-0,6

%-0

,6%

-8,9

%-2

,7%

+10,

3%-2

,3%

+3,4

%-2

,7%

-10,

6%+1

4,4%

-5,4

%-1

,0%

-0,3

%+2

,1%

- 20 %

- 10 %

0%

+ 10 %

+ 20 %

+ 30 %

- 20 %

- 10 %

0%

+ 10 %

+ 20 %

+ 30 %

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

EU : - 3,9%

6

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

100

200

300

400

500

600

700

800

900

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-Jul 12 / Jan-Jul 13

7

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

8

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

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

A D U L T C A T T L E

0

100

200

300

400

500

600

700

800

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

A D U L T C A T T L E

Cow

Bullock

Bull

Heifer

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

9

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

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

V E A L

0

20

40

60

80

100

120

140

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

YOUNG CATTLE & CALVES

Young cattle

Calves

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

10

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

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

Y O U N G B U L L – A.R3

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

Y O U N G B U L L – A.R3

372,95 374,45% change y/y : - 4,4% % change y/y : - 4,3%

Price in week 40 : Average price in September 2013 :

300

320

340

360

380

400

420

300

320

340

360

380

400

420

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

2006-2010 Avg 2011 2012 2013

Source : Member States A - R 3 > Wk.40-2013

11

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

S T E E R – C.R3

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

S T E E R – C.R3

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

420,59 423,73% change y/y : + 5,3% % change y/y : + 5,8%

Price in week 40 : Average price in September 2013 :

280

300

320

340

360

380

400

420

440

460

280

300

320

340

360

380

400

420

440

460

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

2006-2010 Avg 2011 2012 2013

Source : Member States C - R 3 > Wk.40-2013

12

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

A / C . R3

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

A / C . R3

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

386,31 386,34% change y/y : - 2,1% % change y/y : - 2,0%

173,7%% Ref. Price in wk 40 :

Price in week 40 : Average price in September 2013 :

289,1

311,4

333,6

355,8

378,1

400,3

422,6

130%

140%

150%

160%

170%

180%

190%

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

€/100 kg cwe

2006-2010 Avg 2011 2012 2013

% of Reference Price

Source : Member States AC - R 3 > Wk.40-2013

13

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

C O W – D.O3

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

C O W – D.O3

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

296,41 306,41% change y/y : - 6,0% % change y/y : - 5,0%

Price in week 40 : Average price in September 2013 :

210

230

250

270

290

310

330

350

210

230

250

270

290

310

330

350

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

2006-2010 Avg 2011 2012 2013

Source : Member States D - O 3 > Wk.40-2013

14

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

H E I F E R – E.R3

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

H E I F E R – E.R3

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

405,55 409,54% change y/y : + 1,8% % change y/y : + 3,1%

Price in week 40 : Average price in September 2013 :

300

320

340

360

380

400

420

440

300

320

340

360

380

400

420

440

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

2006-2010 Avg 2011 2012 2013

Source : Member States E - R 3 > Wk.40-2013

15

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

All CAT GLOBAL VIEW

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

All CAT GLOBAL VIEW

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

200

250

300

350

400

450

2007 2008 2009 2010 2011 2012 2013

A R3

C R3

D O3

E R3

Source : Member StatesLast Update : Week 40 - 2013

16

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

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

MALE STORE CATTLE

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

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

245,28 246,77% change y/y : - 2,5% % change y/y : - 3,3%

Price in week 40 : Average price in September 2013 :

200

210

220

230

240

250

260

270

200

210

220

230

240

250

260

270

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

2006-2010 Avg 2011 2012 2013

Source : Member BROUT > Wk.40-2013

17

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

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

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

Male Calves – 8D4W

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

Male Calves – 8D4W

181,79 186,24% change y/y : - 17,8% % change y/y : - 18,5%

Price in week 40 : Average price in September 2013 :

160

180

200

220

240

260

280

160

180

200

220

240

260

280

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

2006-2010 Avg 2011 2012 2013

Source : Member 8D4W > Wk.40-2013

18

Butcher calves (€/100 kg cw)

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

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

Butcher Calves

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

Butcher Calves

567,09 553,30% change y/y : + 2,7% % change y/y : + 2,5%

Price in week 40 : Average price in September 2013 :

460

480

500

520

540

560

580

600

460

480

500

520

540

560

580

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

2006-2010 Avg 2011 2012 2013

Source : Member BOUCH > Wk.40-2013

19

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

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 purchased calf plus feedcost for grain fattening

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

average remainder incl. extra gain Intensive Feedcost x*6

20

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

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

/hea

d

Remainder of: Selling price AR 3,minus purchased calf plus feedcost for grain/ grass fattening

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

Pasture Feedcost x*6 average remainder incl. extra gain

21

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

2009 2010 Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Aug 12

Russia 50.881 20,4% 135.991 27,9% 138.910 21,8% 98.433 19,0% 43.370 15,0% - 28,0%

Algeria 6.681 2,7% 16.259 3,3% 17.970 2,8% 17.324 3,3% 14.063 4,9% + 60,3%

Switzerland 19.072 7,7% 22.352 4,6% 26.432 4,2% 19.570 3,8% 18.259 6,3% + 39,7%

Lebanon 7.838 3,1% 33.815 6,9% 23.275 3,7% 24.100 4,6% 17.644 6,1% - 8,7%

Turkey 571 0,2% 71.029 14,6% 166.753 26,2% 100.742 19,4% 4.242 1,5% - 94,6%

Other Destinations 138.995 55,8% 184.016 37,8% 238.154 37,4% 236.730 45,6% 167.263 57,9% + 15,7%

EXTRA EU 249.165 486.621 636.480 518.880 288.831

% change + 95% + 31% - 18% - 15,3%

2011 Jan-Aug 132012

22

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

455.582327.094

26.070

407.155

434.042

491.837

1.224.338

1.087.399

821.474

0

200.000

400.000

600.000

800.000

1.000.000

1.200.000

1.400.000

Jan-Aug 11 Jan-Aug 12 Jan-Aug 13

1,0

00 E

UR

EU EXPORTS of Beef & Veal (1000 EUR)

Turkey Russia GhanaLebanon Hong Kong AlgeriaOther destinations

119.06078.488

85.240

60.216

43.370

149.430

144.616

167.263

410.807

341.033

288.831

0

50.000

100.000

150.000

200.000

250.000

300.000

350.000

400.000

450.000

Jan-Aug 11 Jan-Aug 12 Jan-Aug 13

Tonnes c

w

EU EXPORTS of Beef & Veal (Tonnes cwe)

Turkey Russia Ghana

Lebanon Hong Kong Algeria

Other destinations

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

23

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

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

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

E.U. E X P O R T S

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

24

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

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

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

Ja

n 1

0

Feb

10

Ma

r 1

0

Ap

r 10

Ma

y 1

0

Ju

n 1

0

Ju

l 10

Au

g 1

0

Se

p 1

0

Oct

10

No

v 1

0

De

c 1

0

Ja

n 1

1

Feb

11

Ma

r 1

1

Ap

r 11

Ma

y 1

1

Ju

n 1

1

Ju

l 11

Au

g 1

1

Se

p 1

1

Oct

11

No

v 1

1

De

c 1

1

Ja

n 1

2

Feb

12

Ma

r 1

2

Ap

r 12

Ma

y 1

2

Ju

n 1

2

Ju

l 12

Au

g 1

2

Se

p 1

2

Oct

12

No

v 1

2

De

c 1

2

Ja

n 1

3

Feb

13

Ma

r 1

3

Ap

r 13

Ma

y 1

3

Ju

n 1

3

Ju

l 13

Au

g 1

3

Fresh Bovine "Compensated" quarters

Fresh Bovine (un)-separated Forequarters

Fresh Bovine (un)-separated Hindquarters

Frozen Bovine "Compensated" quarters

Live Animals

TOTAL

25

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

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

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 1

0

Fe

b 1

0

Ma

r 10

Ap

r 1

0

Ma

y 1

0

Jun 1

0

Jul 1

0

Au

g 1

0

Se

p 1

0

Oct 1

0

No

v 1

0

De

c 1

0

Jan 1

1

Fe

b 1

1

Ma

r 11

Ap

r 1

1

Ma

y 1

1

Jun 1

1

Jul 1

1

Au

g 1

1

Se

p 1

1

Oct 1

1

No

v 1

1

De

c 1

1

Jan 1

2

Fe

b 1

2

Ma

r 12

Ap

r 1

2

Ma

y 1

2

Jun 1

2

Jul 1

2

Au

g 1

2

Se

p 1

2

Oct 1

2

No

v 1

2

De

c 1

2

Jan 1

3

Fe

b 1

3

Ma

r 13

Ap

r 1

3

Ma

y 1

3

Jun 1

3

Jul 1

3

Au

g 1

3

Live animals

Fresh Bovine meat

Frozen Bovine meat

Beef Offals

TOTAL

26

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

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

2.0

14

.

3.1

12

.

2.2

59

.

2.6

99

.

2.7

60

.

2.0

61

.

2.9

52

.

3.3

99

.

3.8

34

.

2.7

99

.

2.9

89

.

2.6

11

.

6.5

52

.

9.6

28

.

7.0

75

.

7.5

77

.

5.5

54

.

2.3

89

.

3.3

80

.

4.4

16

.

8.0

26

. 1

1.0

68

.

7.2

63

.

6.5

03

.

5.5

60

.

2.6

29

.

4.6

37

.

2.1

52

.

86

8

.9

74

.5

96

.3

88

.2

04

.4

14

.2

05

.2

15

.

2.1

11

.

2.5

11

.

3.5

65

.

6.2

85

. 4.1

34

.

3.9

38

.

3.7

38

.

2.6

56

.

2.1

73

.

1.9

29

. 3.3

48

.

3.9

79

.

3.2

59

.

2.1

96

.

1.9

95

.

2.4

41

.

5.1

61

.

4.1

73

.

1.7

47

.

2.7

57

.

1.3

44

.

1.9

92

.

2.0

71

.

1.1

74

.

3.0

94

.

3.2

07

.

2.3

05

.

1.6

27

.

2.0

91

.

1.4

36

.

2.3

75

.

2.5

62

.

3.1

11

.

3.2

37

.

3.3

42

.

2.0

66

.

2.0

26

.

3.3

72

.

2.7

44

.

3.6

60

.

2.6

00

.

4.1

25

.

2.0

99

.

1.9

69

.

3.1

90

.

3.3

73

.

4.7

52

.

4.0

73

.

4.4

49

.

3.9

54

.

4.8

85

.

5.9

68

.

4.6

29

.

3.8

96

.

3.7

65

.

3.5

70

.

3.3

71

.

3.2

57

. 3

.88

9

.3

.75

1

.4

.34

0

.4

.30

6

.5

.28

9

.6

.95

5

.5

.88

4

.6

.49

5

.4

.06

8

.3

.17

9

.5

.73

8

.4

.29

2

.3

.82

1

.4

.09

8

.5

.07

5

.3

.75

2

.3

.70

5

.4

.32

1

.4

.61

7

.5

.93

5

.3

.82

2

.3

.99

1

.4

.86

7

.6

.71

5

.5

.70

1

.4

.25

6

.4

.53

7

.2

.05

2

.

0

5.000

10.000

15.000

20.000

25.000

Jan

09

Mar

09

May 0

9

Jul 09

Sep

09

Nov 0

9

Jan

10

Mar

10

May 1

0

Jul 10

Sep

10

Nov 1

0

Jan

11

Mar

11

May 1

1

Jul 11

Sep

11

Nov 1

1

Jan

12

Mar

12

May 1

2

Jul 12

Sep

12

Nov 1

2

Jan

13

Mar

13

May 1

3

Jul 13

To

nn

es C

WE

.

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

Turkey Algeria Lebanon Other

27

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-Aug 12

Brazil 149.007 34,6% 144.858 38,2% 125.872 38,9% 126.227 41,2% 92.615 42,0% + 14,1%

Argentina 122.494 28,4% 79.532 21,0% 62.704 19,4% 51.601 16,8% 32.151 14,6% - 7,1%

Uruguay 79.144 18,4% 66.189 17,5% 51.449 15,9% 51.786 16,9% 37.348 16,9% + 2,8%

USA 9.609 2,2% 15.308 4,0% 22.954 7,1% 20.776 6,8% 14.504 6,6% + 8,4%

Australia 16.937 3,9% 13.627 3,6% 18.081 5,6% 21.135 6,9% 17.303 7,8% + 24,4%

New Zealand 15.783 3,7% 13.671 3,6% 15.427 4,8% 15.161 4,9% 10.841 4,9% - 8,3%

Namibia 12.457 2,9% 13.571 3,6% 9.005 2,8% 8.720 2,8% 7.674 3,5% + 11,9%

Switzerland 4.394 1,0% 4.461 1,2% 5.661 1,7% 4.964 1,6% 2.681 1,2% - 9,6%

Chile 3.158 0,7% 2.441 0,6% 2.254 0,7% 1.710 0,6% 458 0,2% - 58,9%

Serbia 990 0,2% 1.127 0,3% 785 0,2% 639 0,2% 424 0,2% - 11,6%

Botswana 11.452 2,7% 15.763 4,2% 980 0,3% 474 0,2% 3.713 1,7%

EXTRA EU 431.182 379.145 323.654 306.675 220.750

% change - 12% - 15% - 5% + 8,2%

2011 Jan-Aug 132012

28

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

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

80.638 81.150 92.615

43.431 34.62232.151

37.95136.343

37.348

28.29424.678

26.829

214.565 204.084220.750

0

50.000

100.000

150.000

200.000

250.000

Jan-Aug 11 Jan-Aug 12 Jan-Aug 13

InTonnes

cwe

IMPORTS of Beef & Veal into EU (Tonnes cwe)

Brazil Argentina Uruguay Australia USA Other origins

334.867 365.897 375.139

305.966 275.432 256.251

194.368 193.827 192.340

60.570 74.887 96.036

153.599 134.642 129.131

1.131.872 1.146.588 1.156.408

0

200.000

400.000

600.000

800.000

1.000.000

1.200.000

1.400.000

Jan-Aug 11 Jan-Aug 12 Jan-Aug 13

in 1000EUR

IMPORTS of Beef & Veal into EU (1000 EUR)

Brazil Argentina Uruguay Australia USA Other origins

29

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

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

E.U. I M P O R T S

B e e f P r o d u c 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

30

452403

446401

436 429398

491 513 529565

513556

395431

379324 307

194

1.263

1.1711.120

825

1.028

736

598 598

481455

352292

248292

249

487

636

519

254

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-Jul13

1000 Tonne

IMPORTS EXPORTS

Trade balance on 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

452403

446401

436 429398

491 513 529565

513556

395431

379324 307

221

1.263

1.1711.120

825

1.028

736

598 598

481455

352292

248292

249

487

636

519

289

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-Aug13

1000 Tonne

IMPORTS EXPORTS

31

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 |

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$

32

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

E.U. I M P O R T S

BEEF MAIN EXPORTERS

E.U. I M P O R T S

BEEF MAIN EXPORTERS

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

Un

ited

Sta

tes

(up

to

Ju

l)

Un

ited

Sta

tes

(up

to

Ju

l)

Au

stra

lia

Au

stra

lia

Bra

zil

Bra

zil

Ind

ia (u

p t

o J

un

)

Ind

ia (u

p t

o J

un

)

New

Zea

lan

d

New

Zea

lan

d

Can

ada

Can

ada

EU

EU

Uru

gu

ay

Uru

gu

ay

Par

agu

ay

Par

agu

ay

Arg

enti

na

Arg

enti

na

Mex

ico

(u

p t

o J

ul)

Mex

ico

(u

p t

o J

ul)

0

200

400

600

800

1.000

1.200

2012 (up to August) 2013 (up to August)

Qty in 1000 Tonnes

Main Exporters of BEEF Products (up to August)

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

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

E.U. E X P O R T S

BEEF MAIN IMPORTERS

E.U. E X 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)

0

Un

ited

Sta

tes

(up

to

Ju

l)

Un

ited

Sta

tes

(up

to

Ju

l)

Ch

ina

+ H

. K

on

g

Ch

ina

+ H

. K

on

g

Ru

ssia

(u

p t

o J

ul)

Ru

ssia

(u

p t

o J

ul)

Jap

an

Jap

an

Mex

ico

(u

p t

o J

ul)

Mex

ico

(u

p t

o J

ul)

So

uth

Ko

rea

So

uth

Ko

rea

EU

EU

Can

ada

Can

ada

Ch

ile

(up

to

Ju

l)

Ch

ile

(up

to

Ju

l)

0

100

200

300

400

500

600

700

800

900

2012 (up to August) 2013 (up to August)

Qty

in 1

000 T

onnes

Main Importers of BEEF Products (up to August)

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)

34

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

STEER PRICES

US & EU

STEER PRICES

US & EU

100

150

200

250

300

350

400

450

| 10 | 11 | 12 | 13 |

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

35

100

150

200

250

300

350

400

| Year2009

| Year2010

| Year 2011 | Year2012

| Year 2013 |

€uro

/ 10

0kg

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

Argentina (abc-consrt),Uruguay (Inac) and EU

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

Novillos Export (Oncca Argentina) Media Res Novillo (Inac Uruguay)

(abc-consort) Argentina Novillo

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

ADULT MALE BOVINE PRICES

Brazil Argentina Uruguay EU

ADULT MALE BOVINE PRICES

Brazil Argentina Uruguay EU