<<

BEEF & MARKET SITUATION

Beef CMO 23 September 2021 L I V E S T O C K EU E V O L U T I O N

JUNE SURVEY T O T A L B O V I N E

May/Jun %Var %Var %Var %Var TOT BOVINE < 1 Year BOVINE 1-2 Year BOVINE > 2 Year 2021 2021 2021 2021 1000 Hd 2018 2019 2020 2021 2020 2018 2019 2020 2021 2020 2018 2019 2020 2021 2020 2018 2019 2020 2021 2020 BE 2 450 2 406 2 388 710 706 716 492 475 471 1 247 1 226 1 201 BG CZ DK 1 560 1 512 1 517 1 503 -0.9% 538 510 517 517 idem 294 292 291 287 -1.4% 729 710 709 699 -1.4% DE 12 093 11 763 11 423 11 176 -2.2% 3 618 3 502 3 410 3 398 -0.4% 2 848 2 788 2 683 2 591 -3.4% 5 627 5 473 5 330 5 188 -2.7% EE IE 7 349 7 209 7 314 2 078 2 008 2 117 1 919 1 861 1 807 3 351 3 340 3 390 EL ES 6 725 6 722 6 715 6 911 +2.9% 2 504 2 507 2 488 2 626 +5.6% 990 978 930 975 +4.9% 3 230 3 237 3 297 3 310 +0.4% FR 18 737 18 470 18 200 17 863 -1.9% 5 125 5 227 5 144 5 134 -0.2% 3 417 3 229 3 249 3 158 -2.8% 10 195 10 014 9 808 9 571 -2.4% HR IT 6 170 6 016 6 116 6 174 +0.9% 1 757 1 746 1 746 1 762 +0.9% 1 466 1 409 1 458 1 476 +1.2% 2 948 2 861 2 912 2 936 +0.8% CY LV LT LU HU MT NL 3 897 3 750 3 766 3 733 -0.9% 1 560 1 536 1 558 1 523 -2.2% 520 460 446 480 +7.6% 1 817 1 754 1 762 1 730 -1.8% AT 1 907 1 873 1 844 1 846 +0.1% 606 596 588 596 +1.4% 433 425 416 413 -0.7% 869 853 841 838 -0.4% PL 6 201 6 358 6 344 1 686 1 771 1 729 1 734 1 768 1 796 2 781 2 820 2 819 PT 1 722 1 712 1 751 529 524 557 274 267 264 919 921 929 RO 2 002 1 963 1 915 444 428 418 236 230 217 1 322 1 305 1 280 SI SK FI SE 1 507 1 466 1 454 475 451 462 381 380 362 651 636 630 EU 72 320 71 220 70 748 49 206 -0.8% 21 631 21 512 21 451 15 556 +0.7% 15 003 14 559 14 389 9 379 -1.0% 35 687 35 149 34 908 24 271 -1.6% UK 9 891 9 739 9 615 2 908 2 857 2 878 2 479 2 448 2 412 4 504 4 434 4 324 Source : EStat Newcronos EU %Var is calculated considering only countries available in 2020 AND 2021

23 September 2021 L I V E S T O C K EU E V O L U T I O N

JUNE SURVEY T O T A L B O V I N E

May/Jun %Var %Var %Var TOTAL COWS COWS OTHER COWS 2021 2021 2021 1000 Hd 2018 2019 2020 2021 2020 2018 2019 2020 2021 2020 2018 2019 2020 2021 2020 BE 968 960 954 532 536 544 435 425 409 BG CZ DK 667 654 653 647 -0.9% 575 567 567 565 -0.4% 91 87 86 82 -4.7% DE 4 830 4 720 4 609 4 517 -2.0% 4 167 4 067 3 969 3 892 -2.0% 663 653 640 626 -2.3% EE IE 2 529 2 505 2 551 1 481 1 505 1 568 1 048 1 000 983 EL ES 2 865 2 854 2 927 2 954 +0.9% 825 815 810 819 +1.1% 2 040 2 039 2 117 2 135 +0.9% FR 7 652 7 546 7 442 7 315 -1.7% 3 512 3 471 3 403 3 331 -2.1% 4 141 4 075 4 039 3 984 -1.4% HR IT 2 192 2 110 2 130 2 161 +1.4% 1 904 1 840 1 844 1 852 +0.4% 288 270 286 309 +8.0% CY LV LT LU HU MT NL 1 685 1 641 1 651 1 628 -1.4% 1 622 1 578 1 593 1 572 -1.3% 63 63 58 56 -4.5% AT 740 726 716 715 -0.2% 538 525 523 531 +1.6% 202 201 193 184 -5.0% PL 2 429 2 461 2 468 2 233 2 221 2 218 196 240 250 PT 745 742 757 244 238 239 501 504 517 RO 1 197 1 179 1 160 1 184 1 162 1 145 12 17 15 SI SK FI SE 534 516 511 319 306 302 214 210 209 EU 29 034 28 612 28 529 19 936 -1.0% 19 137 18 831 18 725 12 562 -1.2% 9 896 9 782 9 804 7 375 -0.6% UK 3 441 3 398 3 359 1 883 1 871 1 850 1 558 1 527 1 509 Source : EStat Newcronos EU %Var is calculated considering only countries available in 2020 AND 2021

23 September 2021 P R O D U C T I O N % E V O L U T I O N H E A D S

Jan-Jun 21/20 + 20 % + 20 % HEADS

EU EU : + 0.1% +16.3% +13.5% +0.9%

+ 10 % + 10 % +6.2%

Bullock -4.2% +6.1%

+6.0%

+2.7%

+2.4%

+1.8%

+1.7%

+1.5% +1.0%

Cow +1.5% +1.0%

+0.6%

+0.3% +0.2%

0% 0%

0.3%

0.5%

- 0.7%

Heifer +0.2% -

-

1.6%

1.7%

-

-

2.6%

-

3.4%

3.7%

-

-

4.5% - Calve -2.2%

- 10 % 7.5% - 10 %

-

8.9% - Young +0.3%

Meat of bovine +0.1% - 20 % - 20 % 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 Estimates for last month of period : Source : EStat - Newcronos

23 September 2021 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

Jan-Jun 21/20 + 40 % + 40 % TONNES EU EU : - 0.5%

Bull -0.7% + 30 % + 30 %

+22.0% +21.7% Bullock -4.5% + 20 % + 20 %

Cow +0.1%

+ 10 % +9.5% + 10 %

+7.1%

+6.3% +6.0%

Heifer -0.2% +5.2%

+2.8%

+2.6%

+2.3%

+1.1%

+0.6% +0.6% 0% 0%

Calve -0.2%

0.0%

0.1%

0.4%

-

-

-

1.4%

1.5%

1.9%

-

-

2.4%

-

2.5%

-

-

3.3%

-

4.1%

- 5.2%

Young cattle -0.8% - 10 % - - 10 %

7.2%

-

8.5%

8.8%

- - of bovine -0.5% - 20 % - 20 % animals 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 Estimates for last month of period : Source : EStat - Newcronos

23 September 2021 P R O D U C T I O N H I S T O R I C T O N N E S

Beef & Veal Production (EU Slaughtering) - Tonnes 700 2 0 1 9 2 0 2 0 2 0 2 1 600

500 s e n n 400 o T 0 0 300 .0 1 200

100

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

Source : EStat-Newcronos

23 September 2021 P R I C E S Dashboard C A R C A S S E S

Evolution Evolution since Evolution since since EU Prices week 36 last week last year last month

Average A/C/Z -R3 391.7 + 0.7% + 1.3% + 11.3%

Young Bovines (Z) 382.6 + 0.6% + 1.5% + 0.6%

Young (A) 389.2 + 0.8% + 2.0% + 11.2%

Steers (C) 414.1 + 0.3% - 1.5% + 13.3%

€/100 kg Carcasse Cows (D) 330.8 - 0.0% + 1.1% + 17.9%

Heifers (E) 404.6 + 0.3% + 0.5% + 10.2%

Male Dairy Type 97.92 - 2.7% - 2.8% + 30.1%

Male Calves Beef Type 224.0 €/head + 2.1% - 0.1% + 12.1%

Young Store Cattle 2.65 + 1.0% + 1.6% + 10.2%

Yearling Male Store Cattle 2.51 + 6.2% + 7.3% + 10.9% €/kg

Yearling Female Store Cattle 2.53 + 1.2% + 1.8% + 6.9% LiveAnimals

Calves slaughtered <8M 526.3 €/100 + 3.4% + 7.6% + 22.6%

Sources : MSs notifications (Regulation (EU) 1182/2017 and 1184/2017

23 September 2021 P R I C E S EU E V O L U T I O N C A R C A S E S A / C / Z . R3

EU ACZ R3 Price Comparison between average monthly price September 2020 - August 2021 compared to September 2019 - August 2020 ACZ - R 3 > Wk.36-2021 % of Reference Price €/100 kg cwe 190%

HU-8.89% 180% 400.4 SK -2.97% IT -2.27% SI -1.77% 170% 378.1 FI -1.60% PT -1.46% 160% 355.9 SP -0.50% DK -0.42%

FR -0.33% 150% 333.6 HR +0.89%

BE +1.39% Source : Member States ACZ - R 3 > Wk.36-2021 140% 311.4 CZ +1.42% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec GR +1.71% 2018-2020 Avg 2020 2021 EE +1.96% EU +2.45% Price in week 36 : 391.72 Average price in August 2021 : 386.81 % change y/y : + 11.31% % change y/y : + 9.55% RO +2.46% % Ref. Price in wk 36 : 176.1% LT +3.60% AT +4.05% NL +5.05% LU +5.80% DE +6.78% LV +7.56% IE +9.81% PL +10.78% SE +11.19%

-0.1 -0.05 0 0.05 0.1 0.15 23 September 2021 P R I C E S EU E V O L U T I O N C A R C A S E S A / C / Z . R3

€ / 100 kg EU Beef prices ACZ - R3

500.00 470.55

450.00 429.10

Aug-20 Aug-21

407.86

401.75

391.24 391.09

400.00 386.81

384.46

382.62

375.15

372.02

370.04

367.42

363.21

361.94

361.01 356.09

350.00 339.54

328.90

319.54

318.13

310.95 303.15

300.00 291.83

250.00

200.00 196.52 Reference price 222.4 150.00

100.00

50.00

0.00 SE IE LU DE GR IT EU FR AT DK SP FI PL HR BE PT NL CZ SI RO EE LT SK LV HU

23 September 2021 P R I C E S EU E V O L U T I O N C A R C A S E S Y O U N G B U L L – A.R3

Young Bovines A - R 3 > Wk.36-2021

440 440

420 420

400 400

380 380

360 360

340 340

Young Bovines A - R 3 > Wk.36-2021 Source : Member States 320 320 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2018-2020 Avg 2020 2021

Price in week 36 : 398.19 Average price in August 2021 : 390.88 % change y/y : + 13.3% % change y/y : + 10.7% 23 September 2021 P R I C E S E.U. E V O L U T I O N C A R C A S S E S Y O U N G BOVINE 8-12M– Z.R3

In € / 100 kg Young Bovines 8-12m Z - R 3 > Wk.36-2021

440

420

400

380

360

Source : Member States 340 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2020 2021 2018-2020 Avg

Price in week 36 : 392.29 12/08/2021 Average price in August 2021 : 383.95 % change y/y : + 10.4% % change y/y : + 7.5%

23 September 2021 P R I C E S E.U. E V O L U T I O N C A R C A S E S S T E E R – C.R3

Bullocks C - R 3 > Wk.36-2021

500 500

475 475

450 450

425 425

400 400

375 375

350 350

325 325

Source : Member States Bullocks C - R 3 > Wk.36-2021 300 300 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2018-2020 Avg 2020 2021

Price in week 36 : 415.75 Average price in August 2021 : 418.01 % change y/y : + 12.2% % change y/y : + 11.2%

23 September 2021 P R I C E S E.U. E V O L U T I O N C A R C A S S E S C O W – D.O3

Cows D - O 3 > Wk.36-2021

340 340

320 320

300 300

280 280

260 260

240 240

Source : Member States Cows D - O 3 > Wk.36- 220 220 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2018-2020 Avg 2020 2021

Price in week 36 : 330.89 Average price in August 2021 : 327.78 % change y/y : + 17.9% % change y/y : + 16.5%

23 September 2021 P R I C E S EU E V O L U T I O N C A R C A S E S H E I F E R – E.R3

Heifers E - R 3 > Wk.36-2021

430 430

410 410

390 390

370 370

350 350

330 330

Heifers E - R 3 > Wk.36-2021 Source : Member States 310 310 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2018-2020 Avg 2020 2021

Price in week 36 : 404.62 Average price in August 2021 : 402.27 % change y/y : + 10.2% % change y/y : + 9.3%

23 September 2021 P R I C E S EU E V O L U T I O N C A R C A S E S All CAT GLOBAL VIEW

450.00

400.00

350.00

300.00

250.00 A/C/Z-R3 Z-R3 A-R3 C-R3 D-O3 E-R3 200.00

23 September 2021 P R I C E S EU E V O L U T I O N L I V E B O V I N E S STORE CATTLE

Store cattle (€/100 kg live weight) Young Store Cattle Prices 2.70

2.60

2.50

2.40

2.30

2.20

2.10

2.00

1.90

Young Store Cattle Yearling Male Store Cattle Yearling Female Store Cattle

Young Store Cattle Price in Week 36 2.65 Yearling Male Store Cattle Price 2.51 Change y/y ####### Change y/y +10.85% Yearling Female Store Cattle Price 2.53 Change y/y +6.92% 23 September 2021 P R I C E S EU E V O L U T I O N L I V E B O V I N E S Male Calves – 8D4W

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

Male Rearing Calves Prices 300.00

250.00

200.00

150.00

100.00

50.00 Male Calves Dairy Type Male Calves Beef Type

0.00

Male Rearing Calves Beef type Male Rearing Calves Dairy type Price in Week 36 224.07 Price in Week 36 97.92 Change y/y +12.06% Change y/y +30.13% 23 September 2021 P R I C E S EU E V O L U T I O N L I V E B O V I N E S Calves

Calves slaughtered before the age of less than 8 months (€/100 kg cw)

Calves Slaughtered before the Age of 8 Months 600

500

400

300

200

100

0

Price in Week 36 526.37 € / 100 kg of carcasse weight 23 September Change y/y +22.58% 2021 REMAINDERS

Remainder for dairy calves fattening 400

350

300

250

200 € / 100/ kg €

150

100

50 99.35

0

Remainder Cost purchase Cost main feed ingredients AO2 carcass price Average remainder

23 September 2021 REMAINDERS

Remainder for beef type calves fattening 450

400

350

300

250

€ / 100/ kg € 200

150

100

128.16 50

0

Remainder Cost animal purchase Cost main feed ingredients AR3 carcass price Average remainder

23 September 2021 REMAINDERS

Remainder for young store cattle fattening 450

400

350

300

250

€/100Kg 200

150

100

50 40.45 0

Remainder Cost animal purchase Cost main feed ingredients AR3 carcass price Average remainder

23 September 2021 T R A D E EU E X P O R T S Beef & Live Animals EU Exports of Beef and Live Animals (1): Trade figures (COMEXT – tonnes cwe) Destinations 2017 2018 2019 2020 Jan-Jul 21 Compared tonnes % tonnes % tonnes % tonnes % tonnes % to Israel 44 196 6.1% 47 774 6.8% 49 629 7.1% 56 965 8.1% 39 429 9.4% + 29.6% Hong Kong 76 086 10.5% 55 537 7.9% 46 748 6.7% 56 860 8.1% 30 200 7.2% + 2.8% Ghana 37 744 5.2% 36 766 5.2% 39 196 5.6% 47 408 6.7% 28 847 6.9% + 6.4% Philippines 37 102 5.1% 28 766 4.1% 34 158 4.9% 39 920 5.7% 27 966 6.7% + 19.2% Bosnia-Herz. 34 711 4.8% 38 762 5.5% 41 119 5.9% 35 758 5.1% 22 903 5.5% + 16.3% 26 708 3.7% 23 761 3.4% 25 188 3.6% 29 996 4.3% 19 409 4.6% + 19.2% Ivory Coast 36 038 5.0% 36 064 5.1% 33 396 4.8% 32 460 4.6% 18 852 4.5% - 3.9% Algeria 26 305 3.6% 35 410 5.0% 57 152 8.2% 39 416 5.6% 18 617 4.5% - 24.7% Lebanon 38 322 5.3% 42 542 6.1% 36 393 5.2% 33 656 4.8% 13 479 3.2% - 24.5% Norway 12 850 1.8% 7 925 1.1% 7 667 1.1% 12 936 1.8% 13 305 3.2% + 77.1% Libya 27 848 3.8% 27 878 4.0% 24 541 3.5% 21 971 3.1% 12 096 2.9% - 14.6% 4 281 0.6% 3 452 0.5% 8 007 1.1% 11 885 1.7% 11 125 2.7% + 39.4% 2 424 0.3% 2 225 0.3% 6 806 1.0% 20 475 2.9% 9 863 2.4% - 21.0% 6 377 0.9% 6 693 1.0% 10 279 1.5% 10 912 1.5% 9 482 2.3% + 74.1% Ukraine 7 331 1.0% 10 465 1.5% 13 836 2.0% 15 857 2.3% 8 739 2.1% + 5.8% North Macedonia 8 257 1.1% 10 191 1.5% 11 975 1.7% 10 686 1.5% 7 934 1.9% + 31.3% Other Destinations 300 941 41.4% 287 670 41.0% 254 155 36.3% 227 218 32.3% 125 534 30.0% Total (without UK) 727 522 701 882 700 245 704 379 417 779 % change - 4% - 0% + 1% + 4.8%

23 September 2021 T R A D E EU E X P O R T S Beef EU Exports of Beef: Trade figures (COMEXT – tonnes cwe) Destinations

2017 2018 2019 2020 Jan-Jul 21 Compared tonnes % tonnes % tonnes % tonnes % tonnes % to Hong Kong 76 086 15.5% 55 537 11.9% 46 748 9.8% 56 860 11.6% 30 200 10.1% + 2.8% Ghana 37 744 7.7% 36 766 7.9% 39 196 8.2% 47 408 9.7% 28 847 9.7% + 6.4% Philippines 37 102 7.5% 28 766 6.2% 34 158 7.2% 39 920 8.1% 27 966 9.4% + 19.2% Bosnia-Herz. 32 181 6.5% 36 152 7.7% 38 806 8.2% 33 459 6.8% 21 428 7.2% + 15.3% Ivory Coast 36 028 7.3% 36 064 7.7% 33 396 7.0% 32 460 6.6% 18 852 6.3% - 3.9% Switzerland 25 570 5.2% 22 711 4.9% 24 110 5.1% 28 941 5.9% 18 543 6.2% + 18.9% Norway 12 849 2.6% 7 922 1.7% 7 667 1.6% 12 936 2.6% 13 305 4.5% + 77.1% Israel 18 750 3.8% 22 163 4.7% 23 026 4.8% 21 967 4.5% 13 024 4.4% + 1.9% Japan 4 281 0.9% 3 452 0.7% 8 007 1.7% 11 885 2.4% 11 125 3.7% + 39.4% Canada 2 424 0.5% 2 225 0.5% 6 806 1.4% 20 475 4.2% 9 863 3.3% - 21.0% Ukraine 6 926 1.4% 9 887 2.1% 12 893 2.7% 14 861 3.0% 8 107 2.7% + 5.3% North Macedonia 11 285 2.3% 10 002 2.1% 11 395 2.4% 10 551 2.1% 7 858 2.6% + 33.0% USA 3 756 0.8% 5 458 1.2% 7 867 1.7% 12 310 2.5% 7 217 2.4% + 8.1% South 4 555 0.9% 7 214 1.5% 5 442 1.1% 7 743 1.6% 6 649 2.2% +++ Vietnam 12 146 2.5% 8 163 1.7% 10 014 2.1% 6 367 1.3% 4 762 1.6% + 36.5% Angola 10 982 2.2% 11 470 2.5% 8 410 1.8% 9 410 1.9% 3 932 1.3% - 16.2% Other Destinations 159 714 32.4% 162 871 34.9% 157 379 33.1% 123 328 25.1% 66 227 22.2% Total (without UK) 492 379 466 824 475 318 490 881 297 905 % change - 5% + 2% + 3% + 5.0%

23 September 2021 T R A D E EU E X P O R T S EU Exports of Beef and Live Animals: Beef & Live Animals Trade figures (COMEXT)

EU EXPORTS of Beef & Veal (Tonnes cwe) EU EXPORTS of Beef & Veal (Million EUR) to to Extra EU without UK Extra EU without UK 450 000 1 600 417 779 397 248 398 516 1 366 400 000 1 309 1 271 1 400

350 000 1 200

300 000 268 435 1 000 271 117 268 450 250 000 954 967 939 800 200 000

Tonnescw 600 150 000 22 903 19 694 23 471 27 966 400 23 457 100 000 19 448 49 Millions Euros 28 847 28 27 121 2031 41 30 200 25 78 200 28 389 29 369 50 000 75 68 190 32 177 30 426 39 429 151 144 0 0 Jan-Jul 19 Jan-Jul 20 Jan-Jul 21 Jan-Jul 19 Jan-Jul 20 Jan-Jul 21

Israel Hong Kong Ghana Israel Hong Kong Ghana

Philippines Bosnia-Herz. Other destinations Philippines Bosnia-Herz. Other destinations

23 September 2021 T R A D E EU E X P O R T S B e e f P r o d u c t s

EU Exports of BEEF products to Extra EU without UK (Comext) 80 000

70 000

60 000

50 000

40 000

30 000 cwe Tonnes in

20 000

10 000

0 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21

LIVE ANIMALS FRESH FROZEN PREPARED OTHERS 23 September 2021 T R A D E EU E X P O R T S L i v e A n i m a l s

EU Exports of BEEF Live Animals by Partner for the Period Jan-Jul 2021 EU Exports of BEEF Live Animals by Partner for the Period Jan-Jul 2021 700 000 900

617 033 795 800 600 000 555 524 536 072 696 700 504 083 644 500 000 592 600 568

400 000 500

300 000 400

Millions Millions Euros 300 Number of HeadsNumber of 200 000

200

100 000 100

0 0 2018 2019 2020 2021 2017 2018 2019 2020 2021 Israel Algeria Lebanon Libya Turkey Kosovo Others Israel Algeria Lebanon Libya Turkey Kosovo Russia Others

23 September 2021 T R A D E EU I M P O R T S Beef & Live Animals

EU Imports of Beef and Live Animals (1): Trade Figures (COMEXT – tonnes cwe) Origins 2017 2018 2019 2020 Jan-Jul 21 Compared tonnes % tonnes % tonnes % tonnes % tonnes % to 86 927 33.9% 103 979 37.3% 99 569 36.4% 84 172 37.6% 45 818 36.3% - 4.4% 52 078 20.3% 47 922 17.2% 40 483 14.8% 34 595 15.5% 27 951 22.2% + 30.4% 49 259 19.2% 61 400 22.0% 65 324 23.9% 56 421 25.2% 27 248 21.6% - 10.3% USA 21 624 8.4% 19 268 6.9% 16 852 6.2% 16 532 7.4% 7 275 5.8% - 20.5% 18 193 7.1% 17 368 6.2% 16 516 6.0% 11 058 4.9% 6 433 5.1% - 21.8% Switzerland 5 105 2.0% 5 413 1.9% 4 401 1.6% 4 197 1.9% 2 568 2.0% + 15.1% 6 806 2.7% 7 165 2.6% 6 726 2.5% 6 145 2.7% 2 306 1.8% - 36.0% 5 922 2.3% 5 520 2.0% 5 203 1.9% 4 234 1.9% 1 935 1.5% - 21.9% N.det.Extra 72 0.0% 127 0.0% 196 0.1% 94 0.0% 1 302 1.0% +++ Canada 512 0.2% 1 343 0.5% 2 518 0.9% 1 550 0.7% 998 0.8% + 95.8% Japan 645 0.3% 791 0.3% 997 0.4% 789 0.4% 627 0.5% + 80.3% 565 0.2% 1 134 0.4% 1 062 0.4% 931 0.4% 471 0.4% - 12.3% Namibia 5 043 2.0% 3 442 1.2% 7 706 2.8% 1 445 0.6% 450 0.4% - 56.5% Norway 388 0.2% 153 0.1% 129 0.0% 336 0.2% 269 0.2% +++ Botswana 2 686 1.0% 3 119 1.1% 4 950 1.8% 788 0.4% 141 0.1% - 65.2% 319 0.1% 356 0.1% 392 0.1% 168 0.1% 107 0.1% - 4.5% Other Destinations 579 0.2% 318 0.1% 287 0.1% 298 0.1% 277 0.2% Total (without UK) 256 724 278 818 273 312 223 752 126 174 % change + 9% - 2% - 18% - 2.0%

23 September 2021 T R A D E EU I M P O R T S EU Imports of Beef and Live Animals (2): Beef & Live Animals Trade Figures (COMEXT)

IMPORTS of Beef & Veal into EU IMPORTS of Beef & Veal into EU (Tonnes cwe) from Extra EU without UK (Million EUR) from Extra EU without UK 180 000 1 200 166 173 1 008 160 000 18 271 1 000 120 128 717 126 174 140 000 11 968 89 788 11 564 11 450 120 000 733 800 108 81 36 900 In 9 151 7 275 100 000 67 84 Tonnes 62 27 248 cwe 88 600 30 387 80 000 263 71 28 653 193 167 27 951 60 000 400

21 434 Euros Millions In 172 40 000 135 147 59 008 200 47 950 45 818 20 000 255 225 203 0 0 Jan-Jul 19 Jan-Jul 20 Jan-Jul 21 Jan-Jul 19 Jan-Jul 20 Jan-Jul 21

Brazil Uruguay Argentina USA Australia Other Destinations Brazil Uruguay Argentina USA Australia Other Destinations

23 September 2021 T R A D E EU I M P O R T S B e e f P r o d u c t s

EU Imports of BEEF products from Extra EU without UK 40 000

35 000

30 000

25 000

20 000 in Tonnes cwe Tonnes in 15 000

10 000

5 000

0 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21

23 September 2021 FRESH FROZEN PREPARED OTHERS E U T R A D E with U K EU E X P O R T S B e e f P r o d u c t s

EU Export of BEEF to UK by Products from Jan to Jun

In Tons of Carcase Weight 2019 2020 2021 % 2021/2020 Extra-EU % United Kingdom Extra-EU % United Kingdom Extra-EU % United Kingdom Extra-EU Live Animals 5 334 113 877 4.7% 6 099 107 581 5.7% 6 064 113 275 5.4% -0.6% +5.3% 214 455 442 926 48.4% 187 768 428 331 43.8% 147 173 398 277 37.0% -21.6% -7.0% Fresh 116 964 169 323 69.1% 109 430 158 214 69.2% 85 879 140 665 61.1% -21.5% -11.1% Frozen 29 346 94 570 31.0% 23 343 107 390 21.7% 31 994 120 161 26.6% +37.1% +11.9% Salted Meat 11 128 11 748 94.7% 10 342 11 083 93.3% 326 1 061 30.8% -96.8% -90.4% Prepared 22 861 36 609 62.4% 21 614 35 878 60.2% 17 485 31 094 56.2% -19.1% -13.3% Fresh 11 110 12 598 88.2% 9 837 11 385 86.4% 2 489 3 800 65.5% -74.7% -66.6% Frozen Offals 8 287 89 491 9.3% 7 104 87 461 8.1% 5 570 85 206 6.5% -21.6% -2.6% Salted Offals 13 713 23 409 58.6% 5 464 11 329 48.2% 121 4 647 2.6% -97.8% -59.0% Prepared 296 368 80.4% 228 328 69.7% 161 219 73.6% -29.6% -33.3% 750 4 810 15.6% 406 5 264 7.7% 3 149 11 424 27.6% +674.8% +117.0% Total Beef 219 788 556 803 39.5% 193 867 535 912 36.2% 153 237 511 552 30.0% -21.0% -4.5% Source : Comext

23 September 2021 E U T R A D E with U K EU I M P O R T S B e e f P r o d u c t s

EU Import of BEEF from UK by Products from Jan to Jun

In Tons of Carcase Weight 2019 2020 2021 % 2021/2020 United Kingdom Extra-EU % United Kingdom Extra-EU % United Kingdom Extra-EU % United Kingdom Extra-EU Live Animals 1 516 1 592 95.2% 954 1 002 95.2% 420 506 83.1% -56.0% -49.5% Meats 76 330 209 417 36.4% 60 977 166 624 36.6% 36 706 143 404 25.6% -39.8% -13.9% Fresh 53 035 131 778 40.2% 38 670 97 134 39.8% 23 427 78 562 29.8% -39.4% -19.1% Frozen 12 369 55 639 22.2% 11 175 47 104 23.7% 7 573 50 020 15.1% -32.2% +6.2% Salted Meat 483 1 746 27.7% 302 1 491 20.3% 111 1 601 6.9% -63.2% +7.4% Prepared 4 282 12 899 33.2% 4 387 13 357 32.8% 2 772 9 236 30.0% -36.8% -30.9% Fresh Offals 1 806 2 482 72.8% 1 806 2 439 74.1% 1 947 2 561 76.0% +7.8% +5.0% Frozen Offals 2 602 3 011 86.4% 2 798 3 198 87.5% 415 893 46.5% -85.2% -72.1% Salted Offals 931 933 99.9% 1 129 1 131 99.8% 13 14 90.6% -98.9% -98.8% Prepared Offal 72 83 85.8% 21 33 63.7% 5 13 42.4% -74.0% -60.9% Fat 751 845 88.9% 688 736 93.5% 442 504 87.8% -35.7% -31.6% Total Beef 77 846 211 009 36.9% 61 931 167 626 36.9% 37 126 143 910 25.8% -40.1% -14.1% Source : Estat - Comext

23 September 2021 T R A D E EU T R A D E B A L A N C E Beef & Live Animals

Trade Balance of Beef Products and Live Animals (without UK) 1 000

900 IMPORTS EXPORTS

800

728

704

702 700

674 700

600

500 418

400

279 274

273 300

257

1000 Tonnes 1000 224

200 126 100

0

2016 2018 2017 2019 2020 Jan-Jul 21 Jan-Jul

23 September 2021 Trade Balance of Beef Products (Except Live Animals) without UK 600

IMPORTS EXPORTS 492

491 500

475

467 454

400 298

288 300

279

274

260 242

200

1000 Tonnes 1000 126

100

0

2016 2018 2017 2019 2020 Jan-Jul 21 Jan-Jul 23 September 2021 T R A D E EU T R A D E B A L A N C E Beef & Live Animals

Trade Balance of Beef Products and Live Animals (without UK)

3 000 Imports Exports

2 423 2 401 2 500 2 255

2 000

1 684 1 682 1 644

1 500

1 339 1 366 Millions Euros 973 1 000

733

500

0 2017 2018 2019 2020 Jan-Jul 21

23 September 2021 Trade Balance of Beef Products (Except Live Animals) without UK

1 800 1 684 1 681 1 644 Imports Exports 1 600

1 339 1 400

1 183 1 182 1 155 1 153 1 200

1 000

774

733 800 Millions Euros Millions

600

400

200

0 2017 2018 2019 2020 Jan-Jul 21

23 September 2021 Imports in and out of TRQs

EU Imports of Beef and Beef Products from Third Countries 35 000

30 000

25 000

20 000 Tons 15 000

10 000

5 000

-

Jul-16 Jul-17 Jul-18 Jul-19 Jul-20 Jul-21

Jan-16 Jan-17 Jan-18 Jan-19 Jan-20 Jan-21

Sep-18 Sep-19 Sep-20 Sep-16 Sep-17 Sep-21

Nov-20 Nov-16 Nov-17 Nov-18 Nov-19

Mar-19 Mar-20 Mar-16 Mar-17 Mar-18 Mar-21

May-21 May-16 May-17 May-18 May-19 May-20

Out of Quota Quota

23 September 2021 Imports in and out of TRQs

EU Imports of Beef and Beef Products from Third Countries 250 000

200 000

150 000

100 000 Thousand Euros Thousand

50 000

-

Jul-17 Jul-20 Jul-16 Jul-18 Jul-19 Jul-21

Jan-16 Jan-19 Jan-17 Jan-18 Jan-20 Jan-21

Sep-18 Sep-20 Sep-16 Sep-17 Sep-19 Sep-21

Nov-18 Nov-16 Nov-17 Nov-19 Nov-20

Mar-17 Mar-20 Mar-16 Mar-18 Mar-19 Mar-21

May-17 May-20 May-16 May-18 May-19 May-21

Out of Quota Quota

23 September 2021 Imports in and out of TRQs

EU Imports of Beef and Beef Products from Mercosur (in Tons of Carcase Weight) 25 000

20 000

15 000

10 000

5 000

-

Out of Quota Quota

23 September 2021 Imports in and out of TRQs

EU Imports of Beef and Beef Products from Mercosur (in Thousand Euros) 160 000

140 000

120 000

100 000

80 000

60 000

40 000

20 000

0

Out of Quota Quota

23 September 2021 High Quality Beef

Import Quotas Quota ergaomnes Regulation (EU) No 481/2012

2019-Q3 2019-Q4 2020-Q1 2020-Q2 TOTAL Period 2019-2020 11 246 11 259 10 825 8 599 41 930 Available 11 250 11 250 11 250 11 250 45 000 Use 99.97% 100.00% 96.22% 76.44% 93.18% Available after transfer 11 250 11 254 11 241 11 675 99.97% 100.00% 96.30% 73.66%

2020-Q3* 2020-Q4 2021-Q1 2021-Q2 TOTAL Period 2020-2021 6 652 6 542 5 467 5 500 24 162 Available 6 625 6 625 5 500 5 500 45 000 Use 100.00% 98.75% 99.41% 100.00% 53.69% Available after transfer 11 250 6 598 5 583 5 533 59.13% 99.16% 97.93% 99.41% 2021-Q3* 2021-Q4 2022-Q1 2022-Q2 TOTAL Period 2021-2022* 5 502 - - - 5 502 Available 5 500 5 500 4 900 4 900 45 000 Use 100.00% 0.00% 0.00% 0.00% 12.23% Available after transfer 5 500 5 498 10 400 9 800 100.00% 0.00% 0.00% 0.00% * Until 14.09.2021 0 0 0 12 000

10 000

8 000

6 000

4 000

0 0 0 2 000

- Q3 Q4 Q1 Q2 23 September Period 2019-2020 Period 2020-2021 Period 2021-2022* 2021 High Quality Beef Import Quotas

Origin GATT 2020-2021 2020-Q3 2020-Q4 2021-Q1 2021-Q2 Total NL 2 785 2 274 1 848 2 026 8 933 IT 174 404 263 228 1 069 BE 417 330 96 394 1 237 DE 305 124 98 72 598 EU use of Import Quota 09-2203 ES - - 2 15 17 Total import within Quota 3 680 3 132 2 306 2 735 11 853 2 000 1 897 NL IT BE DE ES Available 4 625 4 625 4 625 4 625 18 500 1 800 Use 79.57% 67.72% 49.87% 59.13% 64.07% 1 600 After transfer 4 625 5 570 6 118 6 944 1 401 Use 79.57% 56.23% 37.70% 39.39% 1 334 1 400 1 260 1 237 1 157 1 137 1 200 1 0961 132 1 085 1 118 972 Origin GATT 2021-2022 1 000 914 2021-Q3 2021-Q4 2022-Q1 2022-Q2 Total 758755 800 637 645 NL 1 851 627 478 IT 151 600 421 BE 262

Tonnes of Product Weight of Product Tonnes 400 239 DE 169 ES 15 200 Total import within Quota 2 449 0 Available 5 750 5 750 6 350 6 350 24 200

Use 42.59%

Jul Jul 20 Jul Jul 21

Jan Jan 20 Jan Jan 21

Jun Jun 20 Jun 21

Oct 20 Oct

Apr 21 Apr Apr 20Apr

Feb 20 Feb 21

Sep Sep 20 Sep 21

Dec Dec 20

Aug Aug 20 Aug Aug 21

Nov Nov 20

Mar Mar 20 Mar 21 May 21 May After transfer 5 750 20 May Use 42.59% 23 September 2021 W O R L D E.U. + UK I M P O R T S B E E F M A R K E T BEEF MAIN IMPORTERS

Main Importers of BEEF Products (up to July). Source : GTA * Excluding live animals (0102), , preparations of several types of meat (0209, 0210 99 and 1602 90)

2 000

China + H. Kong Kong H. + 1 800 China + H. Kong Kong H. + China 1 600

1 400

1 200

1 000

United States States United States United 800 1000 in Tonnes Qty

600

Japan Japan

Japan Japan Singapore Singapore

Singapore Singapore 400

South Korea Korea South

South Korea Korea South

United Kingdom HMRC HMRC Kingdom United

Russia (up to Jun) Jun) to (up Russia

United Kingdom HMRC HMRC Kingdom United

EU EU

Mexico (up to Jun) to Jun) (up

Mexico (up to Jun) to Jun) (up Mexico Russia (up to Jun) Jun) to (up Russia

EU EU 200

No 2103 figures available for : Mexico, Taiwan, 0Chile, ... 2020 (up to July). 2021 (up to July).

23 September 2021 W O R L D E.U. + UK E X P O R T S B E E F M A R K E T BEEF MAIN EXPORTERS Main Exporters of BEEF Products (up to July). Source : GTA * Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90)

1 200

Brazil Brazil

Brazil Brazil Australia Australia

United States States United 1 000

United States States United Australia Australia

800

India (up to Jun) to Jun) (up 600

New Zealand Zealand New

Qty in 1000 Tonnes 1000in Tonnes Qty

Argentina Argentina

EU EU Canada Canada

Argentina Argentina

New Zealand Zealand New India (up to Jun) to Jun) (up India

EU EU 400

Canada Canada

Uruguay Uruguay

Paraguay Paraguay Uruguay Uruguay

Paraguay Paraguay 200

Mexico (up to Jun) to Jun) (up Mexico Mexico (up to Jun) to Jun) (up Mexico

0 2020 (up to July). 2021 (up to July).

23 September 2021 W O R L D STEER PRICES B E E F M A R K E T EU, US, AUS, NZ

World Beef Prices 600 €

500 €

GB

AUS : 430.97 400 € EU : 391.72 URU : 389.33 US : 375.52 NZ : 342.89 BRA : 322.35

300 € ARG : 312.17 €/100Kg

200 €

100 €

0 €

Jul-15 Jul-18 Jul-19 Jul-20 Jul-21 Jul-16 Jul-17

Jan-16 Jan-19 Jan-20 Jan-15 Jan-17 Jan-18 Jan-21

Oct-15 Oct-16 Oct-17 Oct-18 Oct-19 Oct-20

Apr-15 Apr-17 Apr-18 Apr-20 Apr-21 Apr-16 Apr-19

ECB http://sdw.ecb.europa.eu/browse.do?node=2018794 US https://www.marketnews.usda.gov/mnp/ls-home AUS http://statistics.mla.com.au/Report/RunReport/ae59d4ac-74e4-4c56-93bd-982a044d9760 UY http://www.inac.gub.uy/innovaportal/v/11034/10/innova.front/indicadores-y-precios ARG http://www.abc-consorcio.com.ar/Estadisticas/detalle/117/precios_comparativos_del_novillo.html 23 September BR http://www.pecuaria.com.br/cotacoes.php 2021 NZ http://www.abc-consorcio.com.ar/Estadisticas/detalle/117/precios_comparativos_del_novillo.html 23 September 2021

THANK YOU VERY MUCH More Information at: EU Market Observatory https://ec.europa.eu/agriculture/market- observatory/meat_en And Agri- data portal: http://agridata.ec.europa.eu/ Thank you

© 2020

Unless otherwise noted the reuse of this presentation is authorised under the CC BY 4.0 license. For any use or of elements that are not owned by the EU, permission may need to be sought directly from the respective right holders.

Slide xx: element concerned, source: e.g. Fotolia.com; Slide xx: element concerned, source: e.g. iStock.com