BEEF & VEAL MARKET SITUATION

CMO Committee

19 February 2015

P R O D U C T I O N

% 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

-0.6%

-9.6% -9.7%

-1.6%Meat of

bovine

animals

-0.4% +0.6%

-1.4% -2.1%

+9.7% +9.7%

+0.5% +1.7%

Bullock

Bull

Jan-Nov 13/14

EU15 EU28HEADS

-5.5% -2.7%

Cow

Heifer

Calve

+3

.1%

-14.1

%

+0

.3%

+7

.2%

+1

.5%

+6

.5%

+9

.8%

-6.5

%

-2.7

% -0.9

%

-6.3

%

-16

.3%

-3.3

%

+6

.3%

+5

.5%

+5

.0%

+2

.8%

-0.8

%

-0.9

%

-3.0

%

-7.1

%

-3.4

%

-1.9

%

-6.4

%

+0

.3%

+2

.2%

+1

.4%

- 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 : - 0.6%

19 February 2015

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

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

TONNESEU15 EU28

Jan-Nov 13/14

+2.3%

+2.1%

-2.2%

-5.0%

Cow

Bullock +10.7%

+1.4%

-1.7%

Meat of

bovine

animals

+0.2%-0.8%

-9.7% -9.8%Young

cattle

Calve

+1.3%

Heifer

Bull -2.7%

+10.6%

+2.6

%

-18.8

%

+0.6

%

+7.1

%

+1.4

%

+6.3

%

+1

2.4

%

-7.9

%

-1.8

%

+0.2

%

-6.1

%

-18.0

%

-12.7

%

+8.1

%

+7.9

%

+5.6

%

+0.3

%

-1.0

%

-2.0

%

-3.1

%

+20.8

%

-5.5

%

-1.5

%

-2.0

%

-8.1

%

+1.0

% +3.9

%

+3.4

%

- 25 %

- 15 %

- 5 %

+ 5 %

+ 15 %

- 25 %

- 15 %

- 5 %

+ 5 %

+ 15 %

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 : + 0.2%

19 February 2015

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

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 13 / Jan-Nov 14

19 February 2015

P R O D U C T I O N

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

1.0

00 T

on

ne

s

2 0 1 2 2 0 1 3 2 0 1 4

Beef & Veal Production (E28 Slaughtering) - Tonnes

Source : EStat-Newcronos

19 February 2015

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

A / C / Z . R3

P R I C E S

C A R C A S S E S

19 February 2015

ACZ - R 3 > Wk.07-2014

390,45 384,77

% change y/y : - 1,2% % change y/y : - 2,5%

175,6%% Ref. Price in wk 7 :

Price in week 07 : Average price in January 2015 :

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

2008-2012 Avg 2013 2014 2015

% of Reference Price

Source : Member States ACZ - R 3 > Wk.07-2014

19 February 2015

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 BOVINE 8-12M–

Z.R3

Z - R 3 > Wk.07-2014

372.89 369.68Price in week 07 : Average price in January 2015 :

300

320

340

360

380

400

300

320

340

360

380

400

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

2007-2011 Avg 2012 2014 2015

Source : Member States Z - R 3 > Wk.07-2014

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

19 February 2015

A - R 3 > Wk.07-2014

382,97 377,54

% change y/y : + 0,6% % change y/y : - 1,0%

Price in week 07 : Average price in January 2015 :

300

320

340

360

380

400

300

320

340

360

380

400

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

2008-2012 Avg 2013 2014 2015

Source : Member States A - R 3 > Wk.07-2014

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

19 February 2015

C - R 3 > Wk.07-2014

439.08 427.73

% change y/y : + 7.7% % change y/y : + 3.3%

Price in week 07 : Average price in January 2015 :

300

325

350

375

400

425

450

300

325

350

375

400

425

450

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

2008-2012 Avg 2013 2014 2015

Source : Member States C - R 3 > Wk.07-2014

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

19 February 2015

D - O 3 > Wk.07-2014

281.48 269.72

% change y/y : - 2.3% % change y/y : - 4.8%

Price in week 07 : Average price in January 2015 :

220

240

260

280

300

320

340

220

240

260

280

300

320

340

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

2008-2012 Avg 2013 2014 2015

Source : Member States D - O 3 > Wk.07-2014

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

19 February 2015

E - R 3 > Wk.07-2014

401.66 397.31

% change y/y : - 0.3% % change y/y : - 2.2%

Price in week 07 : Average price in January 2015 :

310

330

350

370

390

410

430

310

330

350

370

390

410

430

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

2008-2012 Avg 2013 2014 2015

Source : Member States E - R 3 > Wk.07-2014

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

19 February 2015

200

250

300

350

400

450

2009 2010 2011 2012 2013 2014 2015

Z R3

A R3

C R3

D O3

E R3

Source : Member StatesLast Update : Week 07 - 2014

Store cattle (€/100 kg live weight)

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

19 February 2015

Young Store Cattle Price in Week 7 2.54 Yearling Male Store Cattle Price in Week 7 2.44

Yearling Female Store Cattle Price in Week 7 2.42 €/kg live weight

200

210

220

230

240

250

260

270

200

210

220

230

240

250

260

270

Young Store Cattle 2015 Yearling Male Store Cattle 2015 Yearling Female Store Cattle 2015Young Store Cattle 2014 Yearling Male Store Cattle 2014 Yearling Female Store Cattle 20142014 2013 2008-2012 Avg

Source : Member States Store cattle > Wk. 52

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

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

Male Calves – 8D4W

19 February 2015

Male Rearing Calves Beef type Price in Week 7 233.37 Male Rearing Calves Dairy type Price in Week 7 71.71

30

50

70

90

110

130

150

170

190

210

230

250

270

30

50

70

90

110

130

150

170

190

210

230

250

270

Male Rearing Calves Beef type 2015 Male Rearing Calves Dairy type 2015

Male Rearing Calves Beef type 2014 2014

2013 2008-2012 Avg

Source : Member States 8D4W > Wk.52

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

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

19 February 2015

Price in Week 7 539.29 € / 100 kg of carcasse weight

480

500

520

540

560

580

600

620

480

500

520

540

560

580

600

Slaugthered Calves <8m 2015 Slaugthered Calves <8m 2014 2014

2013 2008-2012 Avg

Source : Member States Calves > Wk. 52

M A R G I N

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

Animal + Feed Purchase COST

19 February 2015

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 Q1 Q2 Q3 Q4

| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014

€uro

/ hea

d

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 Bulls A.R 3 Calf price when purchased

average remainder incl. extra gain Intensive Feedcost x*6

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 Q1 Q2 Q3 Q4

| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014

€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 Bulls A.R 3 Calf price when purchased

Pasture Feedcost x*6 average remainder incl. extra gain

19 February 2015

2010 2011 Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Dec 13

Russia 135 991 28.7% 138 910 22.3% 97 829 19.2% 72 299 15.9% 97 200 17.3% + 34.5%

Hong Kong 12 292 2.6% 19 449 3.1% 17 895 3.5% 28 536 6.3% 64 962 11.6% + 127.6%

Lebanon 35 814 7.6% 25 200 4.0% 27 474 5.4% 26 367 5.8% 38 794 6.9% + 47.4%

Bosnia-Herz. 17 082 3.6% 21 423 3.4% 19 715 3.9% 26 844 5.9% 34 445 6.1% + 28.5%

Ghana 11 561 2.4% 21 979 3.5% 28 693 5.6% 40 793 9.0% 33 288 5.9% - 18.6%

Ivory Coast 14 831 3.1% 18 177 2.9% 15 929 3.1% 21 620 4.8% 28 838 5.1% + 33.4%

Switzerland 22 619 4.8% 26 720 4.3% 19 911 3.9% 26 574 5.9% 26 731 4.8% + 0.8%

Algeria 16 259 3.4% 17 970 2.9% 17 324 3.4% 25 935 5.7% 18 545 3.3% - 28.5%

Angola 5 228 1.1% 8 935 1.4% 8 258 1.6% 10 590 2.3% 14 587 2.6% + 37.8%

Libya 2 551 0.5% 2 473 0.4% 11 974 2.4% 18 628 4.1% 14 285 2.5% - 23.5%

Philippines 2 227 0.5% 2 902 0.5% 2 028 0.4% 2 739 0.6% 11 868 2.1% +++

For.JRep.Mac 9 713 2.1% 13 244 2.1% 11 447 2.3% 10 630 2.3% 11 385 2.0% + 7.1%

Turkey 71 029 15.0% 166 776 26.7% 101 474 20.0% 5 151 1.1% 8 598 1.5% + 69.1%

Kosovo 4 774 1.0% 5 636 0.9% 4 068 0.8% 5 186 1.1% 8 354 1.5% + 61.3%

Israel 9 234 2.0% 8 720 1.4% 8 435 1.7% 9 378 2.1% 8 353 1.5% - 10.9%

Kasakhstan 6 167 1.3% 8 126 1.3% 5 668 1.1% 6 550 1.4% 8 269 1.5% + 26.2%

Other Destinations 95 757 20.2% 117 466 18.8% 110 350 21.7% 115 982 25.6% 133 720 23.8%

EXTRA EU 473 128 624 104 508 473 453 803 562 222

% change + 32% - 19% - 11% + 23.9%

2012 Jan-Dec 142013

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

Destinations

T R A D E

E.U. E X P O R T S

Beef & Live Animals

19 February 2015

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

283 616176 170 223 575

725 463

854 717

858 598

1 636 568

1 284 795

1 513 558

0

200 000

400 000

600 000

800 000

1 000 000

1 200 000

1 400 000

1 600 000

1 800 000

Jan-Dec 12 Jan-Dec 13 Jan-Dec 14

1,0

00 E

UR

EU EXPORTS of Beef & Veal (1000 EUR)

Russia Hong Kong Lebanon Bosnia-Herz. Turkey Other destinations

T R A D E

E.U. E X P O R T S

Beef & Live Animals

97 828 72 281 97 200

17 89428 541

64 962

244 079

294 620

318 223

508 464

453 665

562 222

0

100 000

200 000

300 000

400 000

500 000

600 000

Jan-Dec 12 Jan-Dec 13 Jan-Dec 14

Tonnes c

w

EU EXPORTS of Beef & Veal (Tonnes cwe)

Russia Hong Kong Lebanon Bosnia-Herz. Turkey Other destinations

19 February 2015

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 |Jan14

2014

in Tonnes cwe

EU-28 Exports of BEEF products

LIVE ANIMALS FRESH FROZEN PREPARED OTHERS

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

19 February 2015

EU beef Exports to TURKEY Trade figures (COMEXT data) tonnes cwe

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

0

5 000

10 000

15 000

20 000

25 000

30 000

35 000

40 000

Jan 1

0

Mar

10

May 1

0

Jul 1

0

Sep 1

0

Nov 1

0

Jan 1

1

Mar

11

May 1

1

Jul 1

1

Sep 1

1

Nov 1

1

Jan 1

2

Mar

12

May 1

2

Jul 1

2

Sep 1

2

Nov 1

2

Jan 1

3

Mar

13

May 1

3

Jul 1

3

Sep 1

3

Nov 1

3

Jan 1

4

Mar

14

May 1

4

Jul 1

4

Sep 1

4

Nov 1

4

Fresh Bovine "Compensated" quarters

Fresh Bovine (un)-separated Forequarters

Fresh Bovine (un)-separated Hindquarters

Frozen Bovine "Compensated" quarters

Live Animals

TOTAL

19 February 2015

EU beef Exports to RUSSIA Trade figures (COMEXT data) tonnes cwe

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

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

Jan

14

Fe

b 1

4

Ma

r 1

4

Ap

r 1

4

Ma

y 1

4

Jun

14

Jul 1

4

Au

g 1

4

Se

p 1

4

Oct

14

No

v 1

4

De

c 1

4

Live animals

Fresh Bovine meat

Frozen Bovine meat

Beef Offals

TOTAL

19 February 2015

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

621

.

1 0

52 .

629

.

2 0

15 .

3 1

12 .

2 2

59 .

2 6

99 .

2 7

60 .

2 0

61 .

2 9

52 .

3 3

99 .

3 8

34 .

6 5

52 .

9 6

28 .

7 0

75 .

7 5

76 .

6 0

96 .

2 5

76 .

3 3

80 .

4 4

16 .

8 0

26 .

11 0

68 .

7 2

63 .

6 5

03 .

5 5

60 .

2 6

29 . 4 6

37 .

2 1

52 .

868

.

974

.

596

.

388

.

204

.

414

.

205

.

215

.

199

.

42

.

192

.

231

.

276

.

153

.

103

.

166

.

160

.

355

.

768

.

710

.

443

.

468

.

1 5

84 .

2 1

34 .

3 3

48 .

2 2

53 .

3 9

79 .

1 5

63 .

3 2

59 .

681

.

1 5

48 .

1 1

15 .

865

.

1 0

30 .

1 9

95 .

5 1

61 .

1 7

47 .

3 2

06 .

2 3

05 .

1 6

35 .

2 0

16 .

1 4

35 .

1 3

50 .

2 2

07 .

2 6

87 .

1 9

98 .

2 0

49 .

3 0

49 .

1 2

63 .

3 8

96 .

3 7

92 .

4 4

27 .

3 2

08 .

3 7

51 .

1 9

95 .

3 6

37 . 3 2

14 .

2 9

66 .

2 0

98 .

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

67 .

4 6

28 .

3 8

96 .

3 7

65 .

3 5

70 .

3 3

71 .

3 2

56 .

3 8

89 .

3 7

51 .

4 3

40 .

4 3

06 .

5 2

89 .

6 9

54 .

5 8

84 .

6 4

95 .

4 0

54 .

3 1

71 .

5 7

38 .

4 2

92 .

3 8

20 .

4 0

99 .

5 0

74 .

3 7

46 .

3 7

05 .

4 3

06 .

4 6

08 .

5 9

34 .

3 8

22 .

3 9

91 . 4 8

67 .

6 7

15 .

5 6

76 .

4 5

27 .

4 6

77 .

2 2

83 .

4 3

75 .

5 1

63 .

4 8

05 .

4 9

82 .

3 8

55 .

4 6

86 .

5 1

66 .

6 3

94 .

4 7

07 .

5 4

39 .

4 1

34 .

2 8

56 .

3 5

42 .

5 4

91 .

5 2

63 .

6 2

74 .

0

5 000

10 000

15 000

20 000

25 000

Jan 1

0

Mar

10

May 1

0

Jul 10

Sep 1

0

Nov 1

0

Jan 1

1

Mar

11

May 1

1

Jul 11

Sep 1

1

Nov 1

1

Jan 1

2

Mar

12

May 1

2

Jul 12

Sep 1

2

Nov 1

2

Jan 1

3

Mar

13

May 1

3

Jul 13

Sep 1

3

Nov 1

3

Jan 1

4

Mar

14

May 1

4

Jul 14

Sep 1

4

Nov 1

4

To

nn

es

CW

E

.

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

Turkey Algeria Lebanon Other

19 February 2015

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

T R A D E

E.U. I M P O R T S

Beef & Live Animals

2010 2011 Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Dec 13

Brazil 145 105 38.2% 126 142 39.1% 126 927 41.3% 145 969 43.6% 143 927 43.4% - 1.4%

Uruguay 67 160 17.7% 51 936 16.1% 52 579 17.1% 51 612 15.4% 48 617 14.7% - 5.9%

Argentina 80 186 21.1% 62 705 19.4% 51 697 16.8% 47 935 14.3% 41 936 12.6% - 12.6%

Australia 13 810 3.6% 18 278 5.7% 21 311 6.9% 28 108 8.4% 32 632 9.8% + 16.1%

USA 15 308 4.0% 22 999 7.1% 21 097 6.9% 22 298 6.7% 23 284 7.0% + 4.4%

New Zealand 13 712 3.6% 15 471 4.8% 15 377 5.0% 13 958 4.2% 14 370 4.3% + 3.0%

Namibia 13 571 3.6% 9 005 2.8% 8 848 2.9% 11 113 3.3% 9 918 3.0% - 10.8%

Botswana 15 763 4.1% 980 0.3% 474 0.2% 6 280 1.9% 6 490 2.0% + 3.3%

Switzerland 4 461 1.2% 5 661 1.8% 4 948 1.6% 4 286 1.3% 5 433 1.6% + 26.7%

Ukraine 0 0.0% 0 0.0% 0 0.0% 0 0.0% 914 0.3% +++

Russia 41 0.0% 100 0.0% 72 0.0% 150 0.0% 907 0.3% +++

Chile 2 441 0.6% 2 254 0.7% 1 710 0.6% 538 0.2% 875 0.3% + 62.9%

Canada 716 0.2% 917 0.3% 826 0.3% 975 0.3% 780 0.2% - 19.1%

Serbia 1 127 0.3% 789 0.2% 742 0.2% 618 0.2% 425 0.1% - 31.3%

Norway 293 0.1% 263 0.1% 150 0.0% 201 0.1% 332 0.1% + 65.2%

Iceland 203 0.1% 399 0.1% 241 0.1% 196 0.1% 163 0.0% - 16.8%

China 1 0.0% 0 0.0% 4 0.0% 1 0.0% 104 0.0% +++

Other Origins 6 013 1.6% 4 622 1.4% 384 0.1% 233 0.1% 458 0.1%

EXTRA EU 379 910 322 521 307 388 334 472 331 566

% change - 15% - 5% + 9% - 0.9%

2012 Jan-Dec 142013

19 February 2015

Origins

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

T R A D E

E.U. I M P O R T S

Beef & Live Animals

126 926146 038 143 927

52 57951 641 48 617

51 69647 977 41 936

33 775

38 540 41 169307 383

334 602 331 566

0

50 000

100 000

150 000

200 000

250 000

300 000

350 000

400 000

Jan-Dec 12 Jan-Dec 13 Jan-Dec 14

InTonnes

cwe

IMPORTS of Beef & Veal into EU (Tonnes cwe)

Brazil Uruguay Argentina Australia USA Other origins

570 399 594 580 621 404

286 296 271 766 290 591

422 494 385 513376 476

117 719 154 451183 854

189 517 186 344204 669

1 745 821 1 756 362

1 859 409

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 12 Jan-Dec 13 Jan-Dec 14

in 1000EUR

IMPORTS of Beef & Veal into EU (1000 EUR)

Brazil Uruguay Argentina Australia USA Other origins

19 February 2015

452

403446

401436 429

398

491513 529

565

513556

395431

379

324 307

249

1 263

1 171

1 120

825

1 028

736

598 598

481455

352

292248

292249

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

452

403446

401436 429

398

491513 529

565

513556

395431

380

323 307334 332

1 263

1 171

1 120

825

1 028

736

598 598

481455

352

292248

292249

473

624

508

454

562

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 2013 Jan-Dec14

1000 Tonne

IMPORTS EXPORTS

Trade balance of beef and live animals

T R A D E

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

Beef & Live Animals

19 February 2015

W O R L D

B E E F M A R K E T

EXCHANGE RATE INDEX / Euro

Main Trading Partners

BRL US$

I

Mar-94

Apr-94

May-94

Jun-94

1994 Jul-94 1.21616

Aug-94 1.12659

Sep-94 1.10281

Oct-94 1.05929

Nov-94 1.08000

Dec-94 1.03347

I Jan-95 1.02803

Feb-95 1.06736

Mar-95 1.07356

Apr-95 1.17287

May-95 1.21342

Jun-95 1.14041

1995 Jul-95 1.22457

Aug-95 1.24742

Sep-95 1.20568

Oct-95 1.23442

Nov-95 1.26013

Dec-95 1.25452

I Jan-96 1.23543

Feb-96 1.20976

Mar-96 1.24358

Apr-96 1.24129

May-96 1.22590

Jun-96 1.21718

1996 Jul-96 1.24052

Aug-96 1.27467

Sep-96 1.29136

Oct-96 1.29280

Nov-96 1.29687

Dec-96 1.31559

I Jan-97 1.28422

Feb-97 1.23507

Mar-97 1.20849

Apr-97 1.22182

May-97 1.20734

Jun-97 1.23322

1997 Jul-97 1.22431

Aug-97 1.16889

Sep-97 1.18276

Oct-97 1.21337

Nov-97 1.22706

Dec-97 1.26593

I Jan-98 1.24100

Feb-98 1.24667

Mar-98 1.22904

Apr-98 1.23548

May-98 1.25755

Jun-98 1.30075

1998 Jul-98 1.26992

Aug-98 1.29350

Sep-98 1.29134

Oct-98 1.38518

Nov-98 1.43182

Dec-98 1.38909

I Jan-99 1.42236

Feb-99 1.97603

Mar-99 2.12876

Apr-99 2.00731

May-99 1.78831

Jun-99 1.80203

1999 Jul-99 1.84597

Aug-99 1.90955

19 February 2015

50,0

75,0

100,0

125,0

150,0

175,0

I 2009 I 2010 I 2011 I 2012 I 2013 I 2014 I 2015 |

Index of monthly exchange rates of the

main trading partners compared to the €uronotification on the 1st of the month

January 2009 = 100

Real US$ Ruble AUS$ CDN$

W O R L D

B E E F M A R K E T

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)

Ch

ina

+ H

. Ko

ng

Ch

ina

+ H

. Ko

ng

Un

ited

Sta

tes

Un

ited

Sta

tes

Jap

an

Jap

an

Mex

ico

(u

p t

o N

ov)

Mex

ico

(u

p t

o N

ov)

So

uth

Ko

rea

So

uth

Ko

rea

EU

EU

Can

ada

Can

ada

Ru

ssia

(u

p t

o N

ov)

Ru

ssia

(u

p t

o N

ov)

Ch

ile

Ch

ile

0

200

400

600

800

1 000

1 200

1 400

2013 (up to December) 2014 (up to December)

Qty

in

10

00

To

nn

es

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)

19 February 2015

W O R L D

B E E F M A R K E T

E.U. E X 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)

Au

stra

lia

Au

stra

lia

Bra

zil

Bra

zil

Un

ited

Sta

tes

Un

ited

Sta

tes

Ind

ia (

up

to

No

v)

Ind

ia (

up

to

No

v)

New

Zea

lan

d

New

Zea

lan

d

Can

ada

Can

ada

EU

EU

Par

agu

ay

Par

agu

ay

Arg

entin

a

Arg

entin

a

Uru

gu

ay (

up

to

No

v)

Uru

gu

ay (

up

to

No

v)

Ch

ina

+ H

. Ko

ng

Ch

ina

+ H

. Ko

ng

0

200

400

600

800

1 000

1 200

1 400

1 600

1 800

2 000

2013 (up to December) 2014 (up to December)

Qty

in

10

00

To

nn

es

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)

19 February 2015

W O R L D

B E E F M A R K E T

STEER PRICES

US & EU

100

150

200

250

300

350

400

450

500

| 11 | 12 | 13 | 14 | 15 |

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

Steers 550-700lb Omaha (Nebraska) Feeder Steer 600-700lb Oklahoma City

EU Beef C R3 Steers 1050 - 1200lb Okla/ Tex

Canada: All Steers (agr,gc,ca) Australia: All Steers

New Zeal. Avg steers T2 NI & SI

19 February 2015

W O R L D

B E E F M A R K E T

ADULT MALE BOVINE PRICES

Brazil Argentina Uruguay EU

19 February 2015

100

150

200

250

300

350

400

450

| Year 2010 | Year 2011 | Year 2012 | Year 2013 | Year 2014 | Year 2015 |

€uro

/ 10

0k

g c

arc

ase

Market prices for Adult Male Bovine in EU, US, BR, UY & AR

EU Beef A/C R3 US Beef Omaha Carc (USDA)

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

AVG Arroba do Boi (6 St) (Pecuària.com.br)

High Quality Beef

Import Quotas

19 February 2015

Hilton Quota Regulation (EU) N° 593/2013

Use Use Use

09.4001 Australia 2 250 0.0% 0.0% 0.0%

09.4004 Argentina 200 33.57 16.8% 15.71 7.9% 3.12 1.6%

09.4450 Argentina 30 000 24 336.10 81.1% 23 663.86 78.9% 14 042.73 46.8%

09.4451 Australia 7 150 6 441.07 90.1% 7 138.89 99.8% 4 616.77 64.6%

09.4452 Uruguay 6 300 6 289.20 99.8% 6 278.75 99.7% 3 505.34 55.6%

09.4453 Brazil 10 000 2 977.93 29.8% 4 078.92 40.8% 5 778.62 57.8%

09.4454 New Zealand 1 300 1 281.13 98.5% 1 299.61 100.0% 714.72 55.0%

09.4002 Canada/US 11 500 432.44 3.8% 431.80 3.8% 278.96 2.4%

09.4455 Paraguay 1 000 0.0% 0.0% 0.0%

Total Beef 67 250 41 757.87 62.1% 42 891.83 63.8% 28 937.14 43.0%

Total Buffalo 2 450 33.57 1.4% 15.71 0.6% 3.12 0.1%

Total 69 700 41 791.44 60.0% 42 907.54 61.6% 28 940.26 41.5%

* up to 31/01/2015

2012/2013 2013/2014 2014/2015*Quantity

allocated

(Tons)

High Quality Beef

Import Quotas

19 February 2015

Quota ergaomnes Regulation (EU) No 481/2012

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

Gatt 2012-2013 7 008 604 8 614 987 7 889 192 8 810 806 32 323 589

Available 9 825 000 12 050 000 12 050 000 12 050 000 45 975 000

Use 71.3% 71.5% 65.5% 73.1% 70.3%

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

Gatt 2013-2014 10 190 908 10 493 437 10 349 842 10 304 157 41 338 344

Available 12 050 000 12 050 000 12 050 000 12 050 000 48 200 000

Use 84.6% 87.1% 85.9% 85.5% 85.8%

2014-Q3 2014-Q4 2015-Q1 2015-Q2 TOTAL

Gatt 2014-2015* 11 840 303 11 747 695 6 048 134 - 29 636 132

Available 12 050 000 12 050 000 12 050 000 12 050 000 48 200 000

Use 98.3% 97.5% 50.2% 0.0% 61.5%

* Until 16/02/2015

Q3 Q4 Q1 Q2

-

2 000 000

4 000 000

6 000 000

8 000 000

10 000 000

12 000 000

14 000 000

Q3 Q4 Q1 Q2

Gatt 2012-2013 Gatt 2013-2014 Gatt 2014-2015*