Trade Mixed beef production in the EU

by Editor fleischwirtschaft.com
Tuesday, June 09, 2020
Production in Germany, the EU’s second largest beef producer was stable in March compared to 2019.
Photo: Imago Images / Chromorange
Production in Germany, the EU’s second largest beef producer was stable in March compared to 2019.

Beef production in the EU was down 0.4% in March compared to the previous year. This brings production for the first quarter to 1.7 mill. t, up 0.3% on Q1 2019.

Production in several of the larger producing European counties was up in March compared the previous year, France by 1.3%, Ireland 6.3% and Spain 3.6%. This was countered by reductions in production in Italy (-14.4%) and Poland (-2.6%). Production in Germany, the EU’s second largest beef producer was stable in March compared to 2019. This data reflects a time period before and in the very early stages of the corona restrictions.

Rind - imago - ohne BU
(Bild: imago images / Martin Wagner)

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Outlook EU beef production declines

Exports

EU export volumes were down in March with exports falling 9% in volume to 34,700 t. Exports fell by less in value terms (-6%) supported by an increase in the average unit price. This brought the volume of EU exports for the whole of Q1 to 107,900 t a fall of 1%. The value of these imports was up 1% to €479.9 mill.

Imports

Import volumes for the EU were down 32% in March to 12,900 t. Imports reduced from the EU’s three biggest suppliers, Brazil (-16%), Argentina (-1%) and the UK (-67%). Imports from the US increased 648% to 1,600 t. Value also fell in March, but by a smaller amount, 13%, due to an increase in average prices. For Q1 as a whole imports fell 22% in volume to 57,500 t. Much of this reduction came from a 39% (11,800 t) reduction from the UK. In value terms the cost of imports was down only 8% due to the increase in average unit prices.

Rinderhälfte
(Bild: Imago Images / nordpool/Riediger)

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Meat production EU produces less beef

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