Meat Market Observatory Last update : 23.03.2017 Meat MO Economic Board - 16 March 2017 o The 3 rd meeting of the Economic Board of the Meat Market Observatory (Meat MO) took place on 16 March 2017, with the participation of experts from the various steps in the meat supply chain. o o o o To explicit the factual basis on which the Observatory is operating, DG AGRI services provided a presentation on data sourcing and market transparency (See Annex I) and presented a pilot project for a new web portal on prices, production and export data. Views were exchanged on the use of available data and on the possibilities to improve market transparency along the supply chain. Sound data on consumption and wholesale prices for meat were identified as the most important data need. The exchange of views on the beef and veal and pigmeat market situation was based on factual presentations by DG AGRI (see Annexes II and III). For pigmeat, discussions showed a moderate optimism. The domestic market supports reasonable prices and the exceptionally good export performance contributes to producers' price recovery and a re-balancing of the market. Low feed costs and a favourable exchange rate had also a positive impact on the sector. o Concerns relate to the high dependence on exports to China. o o o Diversifying export markets remains a priority for the EU pigmeat sector. For beef and veal, discussions showed that the EU beef market seems to be regaining balance following a very difficult year 2016. However pressure on producer prices remains and a considerable number of EU producers are facing serious financial difficulties. The current and future evolution of internal EU consumption and the impact of FTAs and Brexit are matters of major concern. Positive aspects are relatively low feed costs and good export performance. Exports of live bovines are essential for internal market balance. o Eurocommerce provided a presentation (See Annex IV) on trends in sales of meat products from a retail perspective. o o o Overall, exports are being essential to keep the market balanced. Efforts to gain and improve market access must continue. Overall, the members of the Economic Board expressed growing concern on declining trends in meat consumption. That poses a major challenge for the future of the sector. The next meeting of the Meat MO Economic Board is scheduled for 13 June 2017.
Annex I
DATA SOURCING FOR IMPROVED MARKET TRANSPARENCY Meat Market Observatory Economic Board Meeting 16 March 2016
Reflexion and exchange of views on: Data available Data gaps Suggestions for: possible options to address current data gaps increase transparency and provide additional information tools to supply chain actors
Data currently available and used Producer's prices Producer's production data Trade data
Main data gaps in key market indicators Consumption data Price indicators in processing, wholesale and retail stages Production in processing, wholesale and retail stages
The future? Example: Agricultural Markets Task Force recommendations What can we do now? Inventory of existing data sources (and assess appropriateness ) Improve dissemination Elaborate consensuated indicators with existing data Any other ideas?
Existing data sources Consumption: Official EU data: Eurostat-Consumption expenditure of private households (hbs_str_t221) Balance sheets (outlooks, etc ) Production: Official EU data: Eurostat-Production in industry - monthly data (sts_inpr_m) Prices Official EU data: Eurostat-Producer prices in industry, total - monthly data (sts_inpp_m), Food Price Monitoring Tool (FPMT)
Existing data sources Other?: National data: ex, France AgriMer, Food Prices Observatory in Spain Private data: consultants Sectorial data
Existing data sources Production and consumption: of very limited use because different reasons (outdated datasets, not enough detail, etc Prices: potential use of: FPMT National Observatories (FR and ES)
2015M01 2015M02 2015M03 2015M04 2015M05 2015M06 2015M07 2015M08 2015M09 2015M10 2015M11 2015M12 2016M01 2016M02 2016M03 2016M04 2016M05 2016M06 2016M07 2016M08 2016M09 2016M10 2016M11 2016M12 2017M01 Food Price Monitoring Tool (FPMT) Example of data use: 105 Consumer Price Index (EUROSTAT FPMT) 104 103 102 101 100 99 Beef and veal Pork Index, 2010=100 98 97 96
Example: FranceAgriMer (FR) Example of data use: 20,00 18,00 16,00 14,00 12,00 10,00 8,00 6,00 4,00 2,00 0,00 Gros: Gros Bovins (carcasse) Gros: Découpe viande Détail: Discount Détail: GMS
Example: Observatorio de Precios de los Alimentos (ES) Example of data use: 18,00 16,00 14,00 12,00 10,00 8,00 Precio origen: Ternera de 1ª A Precio destino: Ternera de 1ª A 6,00 4,00 2,00 0,00 S S S S S S S S 1 2 3 4 5 6 7 8 S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S S 9 10111213141516171819202122232425262728293031323334353637383940414243444546474849505152
Happy to discuss
Annex II
PIGMEAT MARKET SITUATION Meat Market Observatory Economic Board Meeting 16 March 2017
EXCHANGE RATE INDEX/EURO Index of daily exchange rates of the main trading partners compared to the Euro (02/01/14 = 100) 190 170 150 130 110 90 70 50 US Dollar Brazilian Real Canadian Dollar Russian Rouble Chinese Yuan DG AGRI G3 16 Mars 2017
Feed costs
$ / tonne FEED COSTS World cereal prices ($/t) 300 280 260 240 220 200 180 160 140 Wheat - US SRW Gulf $ 195 Wheat - FR Cl. 1 Rouen $ 192 Wheat - Black Sea Milling $ 191 Maize - FR Bordeaux $ 179 Maize - US 3YC Gulf $ 172 Barley-FR Dlvd Rouen feed $ 156 DG AGRI G3 16 Mars 2017
$ / tonne Soyabeans export prices $/ton (fob) 480 460 440 420 400 380 US 2Y Gulf - $ 413 Brazil Paranagua - $ 409 Argentina Up River - $ 403 Ukraine - $ 399 360 340 320 300 DG AGRI G3 16 Mars 2017
$/tonne Soyameal world quotations $/ton 600 550 Brazil Paranagua US Gulf Argentina Up River 331.0 340.0 360.0 500 Source: IGC 450 400 350 300 250 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 DG AGRI G3 16 Mars 2017
41 47 47 54 52 62 71 69 60 51 49 50 50 50 48 58 69 82 82 71 71 55 46 39 38 42 46 56 63 66 63 50 49 43 39 36 41 42 45 53 53 57 61 54 44 37 35 38 34 34 40 52 62 64 68 60 52 52 45 43 In Euros R E M A I N D E R P I G EU E V O L U T I O N Remainder for pig fattening 250 200 150 100 50 0 I 2012 I 2013 I 2014 I 2015 I 2016 I Remainder Cost of piglet Feed cost Pig carcass price Average remainder DG AGRI G3 16 Mars 2017
In Euros R E M A I N D E R P I G EU E V O L U T I O N Remainder for pig fattening 180 160 140 120 100 80 60 40 20 0 41 42 45 53 53 57 61 54 44 37 35 38 34 34 40 52 62 64 68 60 52 52 45 43 Remainder Cost of piglet Feed cost Pig carcass price Average remainder DG AGRI G3 16 Mars 2017
Production
1000 heads S U R V E Y IN HEADS Pig population Livestock survey December 2016 45 000 40 000 35 000 2015 = 148 716 Mio 2016 = 147 353 Mio (- 0.9%) 30 000 25 000 20 000 15 000 10 000 5 000 0 Piglets, less than 20 kg Pigs, from 20 kg to less than 50 kg Breeding sows Covered Sows Sows covered for the first time Fattening pigs, from 50 kg to less than 80 kg 2014 41 832 33 949 12 542 8 603 1 605 27 546 2015 41 705 34 271 12 293 8 411 1 500 27 600 2016 41 212 33 481 12 092 8 284 1 535 27 297 Source: Eurostat 2014 2015 2016 DG AGRI G3 16 Mars 2017
S U R V E Y IN HEADS 2012 Live swine, domestic species LIVESTOCK SURVEY DECEMBER 2016 ('000 heads) Piglets, less than 20 kg Pigs, from 20 kg to less than 50 kg Breeding sows Covered Sows Sows covered for the first time Fattening pigs, from 50 kg to less than 80 kg 2013 146 242 40 828 32 822 12 511 8 540 1 583 27 740 2014 148 331 41 832 33 949 12 542 8 603 1 605 27 546 2015 148 716 41 705 34 271 12 293 8 411 1 500 27 600 2016 147 353 41 212 33 481 12 092 8 284 1 535 27 297 2015/2014 + 0.3% - 0.3% + 0.9% - 2.0% - 2.2% - 6.5% + 0.2% 2016/2015-0.9% - 1.2% - 2.3% - 1.6% - 1.5% + 2.4% - 1.1% DG AGRI G3 16 Mars 2017
S U R V E Y IN HEADS Change in pig population Livestock survey December 2016 compared to December 2015 Fattening pigs, from 50 kg to less than 80 kg - 1.1% Sows covered for the first time + 2.4% Covered Sows Breeding sows - 1.5% - 1.6% Pigs, from 20 kg to less than 50 kg - 2.3% Piglets, less than 20 kg Live swine, domestic species - 1.2% - 0.9% - 3.0% - 2.0% - 1.0% + 0.0% + 1.0% + 2.0% + 3.0% Source: Eurostat DG AGRI G3 16 Mars 2017
P R O D U C T I O N IN HEADS By quarter Change in EU pigmeat slaughter (2016 forecast based on GIP and experts estimations) + 4% + 2% + 0% - 2% - 4% - 6% Q1 Q2 Q3 Q4 2013 2014 2015 Experts 2016 over GIP 2015 R.Sla ughte r 2 0 16 / R.Sla ughte r 2 0 15 Expe rts GIP 2 0 16 / GIP 2 0 15 Q1-1.6% + 0.3% + 5.0% + 0.1% + 0.3% Q2 + 0.4% - 1.3% + 3.4% + 2.5% + 0.7% Q3 + 0.8% + 2.3% + 1.3% + 0.5% - 0.3% Q4 + 1.3% + 2.2% + 1.3% - 0.5% - 2.9% EU_28 + 0.2% + 0.9% + 2.7% + 0.6% - 0.6% DG AGRI G3 16 Mars 2017
P R O D U C T I O N IN HEADS By quarter Change in EU pigmeat slaughter (2017 forecast based on GIP and experts estimations) + 4% + 2% + 0% - 2% - 4% - 6% Q1 Q2 Q3 Q4 2014 2015 2016 Experts 2017f over GIP 2016 R.Sla ughte r 2 0 17 / R.Sla ughte r 2 0 16 Expe rts GIP 2 0 17 / GIP 2 0 16 Q1 + 0.3% + 5.0% + 0.1% - 1.4% Q2-1.3% + 3.4% + 2.5% - 0.0% Q3 + 2.3% + 1.3% + 0.5% - 1.0% Q4 + 2.2% + 1.3% - 0.5% - 1.3% EU_28 + 0.9% + 2.7% + 0.6% - 1.0% DG AGRI G3 16 Mars 2017
61 862 64 943 64 631 65 002 64 494 59 808 61 832 62 401 63 384 62 809 61 659 62 492 63 402 62 820 63 161 65 397 66 278 66 122 65 268 66 424 P R O D U C T I O N IN HEADS By quarter EU pigmeat slaughter (2016 forecast based on GIP and experts estimations) ('000 heads) 60 000 50 000 40 000 30 000 20 000 10 000 0 Pigmeat Q1 Pigmeat Q2 Pigmeat Q3 Pigmeat Q4 2014 2015 Experts 2016 Real slaughter 2016 Experts 2017f DG AGRI G3 16 Mars 2017
P R O D U C T I O N IN HEADS By quarter 2017 (In 1000 heads) REAL SLAUGHTER by year 2013 2014 2015 2016 Experts 2017f Real slaughter 2017 Eurostat GIP 2016 Pigmeat Q1 61 689 61 862 64 943 65 002 64 494 0 65 422 Pigmeat Q2 60 613 59 808 61 832 63 384 62 809 0 62 814 Pigmeat Q3 60 252 61 659 62 492 62 820 63 161 0 63 817 Pigmeat Q4 64 016 65 397 66 278 65 268 66 424 0 67 306 EU_28 246 571 248 726 255 544 256 474 256 888 259 359 2013 2014 2015 2016 Experts 2017f over GIP 2016 Experts 2017f over Real Slaughter 2017 Q1-1.6% + 0.3% + 5.0% + 0.1% - 1.4% - 100.0% Q2 + 0.4% - 1.3% + 3.4% + 2.5% - 0.0% - 100.0% Q3 + 0.8% + 2.3% + 1.3% + 0.5% - 1.0% - 100.0% Q4 + 1.3% + 2.2% + 1.3% - 1.5% - 1.3% EU_28 + 1.3% + 0.9% + 2.7% + 0.4% - 1.0% DG AGRI G3 16 Mars 2017
245 998 246 571 248 726 255 544 257 157 P R O D U C T I O N IN HEADS By Year EU pig slaughter by year ('000 heads) 270 000 + 0.6% 260 000 250 000 240 000 230 000 220 000 210 000 200 000 2012 2013 2014 2015 2016 Source: Eurostat DG AGRI G3 16 Mars 2017
-9.6% -8.5% -7.3% -5.9% -2.6% -3.2% -3.4% -1.3% -1.5% 0.0% -0.1% -0.3% 1.2% 1.2% 0.6% 0.6% 0.1% 0.6% 3.5% 2.9% 2.8% 2.5% 6.1% 5.7% 4.9% 4.8% 8.9% 8.3% 8.2% P R O D U C T I O N IN HEADS Change in Pig Slaughter ('000 heads) 2016/2015 (up to Dec) 13% 8% 3% -2% -7% Source= Eurostat -12% LU BG SI SK LV HU IT HR ES IE PL UK PT NL FR FI DE RO CY SE EE DK CZ AT BE GR LT MT EU 28 DG AGRI G3 16 Mars 2017
-11.5% -8.8% -5.7% -3.1% -3.2% -0.1% -1.0% -2.0% 4.2% 3.9% 3.9% 3.0% 2.3% 2.3% 2.0% 1.1% 1.1% 1.0% 0.9% 0.2% 0.1% 1.2% 6.8% 6.2% 5.5% 8.2% 9.5% 12.1% 11.9% P R O D U C T I O N IN TONNES 15% Change in Pig Slaughter ('000 tonnes) 2016/2015 (up to Dec) 10% 5% 0% -5% -10% Source= Eurostat -15% LU SI HR BG SK LV HU ES IT GR PL UK IE RO NL CY FR EE SE DE PT FI DK AT CZ BE LT MT EU 28 DG AGRI G3 16 Mars 2017
P R O D U C T I O N IN TONNES Pig Production (E28 Slaughtering) - Tonnes 2 500 2014 2015 2016 2 000 1 500 1 000 500 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Source - Estat-Newcronos DG AGRI G3 16 Mars 2017
Prices
EU Prices /100 kg carcass weight P I G P R I C E S EU E V O L U T I O N EU Prices 10 Evolution since last week Evolution since last month Evolution since last year Average (S-E) 155.7 + 1.0% + 2.5% + 23.6% Class S 156.4 + 1.0% Class E 154.4 + 1.0% Piglet 54.8 /head + 1.1% + 3.0% + 1.7% + 3.0% + 23.9% + 23.2% + 38.0% DG AGRI G3 16 Mars 2017
P R I C E S C A R C A S E S E U E V O L U T I O N AVERAGE CLASSES S & E EU evolution of the EU pig carcase prices ( / 100kg/cw) Latest price (Week 10) : 155.67 EUR/100 kg/cw 190 175 160 145 130 115 Average (12-16) 2015 2016 2017 DG AGRI G3 16 Mars 2017
BE BG CZ DK DE EE IE GR ES FR HR IT CY LV LT LU HU MT NL AT PL PT RO SI SK FI SE UK EU P R I C E S C A R C A S E S EU E V O L U T I O N MONTHLY PRICES CLASS E Class E (monthly prices) ( /100 kg) 250.00 200.00 150.00 100.00 50.00 0.00 Feb-2016 Feb-2017 DG AGRI G3 16 Mars 2017
BE CZ DK DE EE IE GR ES FR HR LV LT LU HU MT NL AT PL PT RO SI SK FI SE UK EU P R I C E S C A R C A S E S EU E V O L U T I O N MONTHLY PRICES CLASS S Class S (monthly prices) ( /100 kg) 250.00 200.00 150.00 100.00 50.00 0.00 Feb-2016 Feb-2017 DG AGRI G3 16 Mars 2017
P R I C E S C A R C A S E S EU E V O L U T I O N MONTHLY PRICES CLASS R Class R (monthly prices) ( /100 kg) 250.00 200.00 150.00 100.00 50.00 0.00 EE ES IT LV LT LU MT SK FI UK EU Feb-2016 Feb-2017 DG AGRI G3 16 Mars 2017
P R I C E S P I G L E T S EU E V O L U T I O N EU evolution of the EU average piglet prices ( /head) Latest price (Week 10) : 54.76 EUR/head 60 Evolution compared same period last year (Week 10) : + 38.0% 55 50 45 40 35 30 Average (12-16) Piglet - 2015 Piglet - 2016 Piglet - 2017 DG AGRI G3 16 Mars 2017
W O R L D P I G M A R K E T PIG PRICES EU, BR, CAN, US World weekly average Pig prices 2015-2017 in Euro/ 100kg carcase (EU, Brazil, Canada and USA) 155.67 152.88 145.35 149.58 210 190 170 150 130 110 90 EU US BR CAN EU = weighted avg of MS prices grade E <55% lean meat. As from 1.1.2014 42% class E and 58%S. US = weekly USDA prices carcase lean hogs Iowa-Minn. 167-187lb (Feedstuffs.com) BR = average of minimum prices in main producing states (cepea.esalq.usp.br/suino) CDN= Ontario Dressed weight FOBas from dec 2010, before Index 100 (agr.gc.ca) 70 50 DG AGRI G3 16 Mars 2017
/100 kg PRICE FORECAST CLASS S Development of the EU average price for pig carcasses - Class S 170.00 165.00 160.00 155.00 150.00 145.00 140.00 135.00 130.00 125.00 120.00 Class S - 2015 Class S - 2016 Class S - 2017f Class S - 2015 Class S - 2016 Class S - 2017f Quarter I Quarter II Quarter III Quarter IV 139.41 148.96 150.71 135.73 128.13 140.26 165.72 154.48 152.51 159.19 165.64 151.98 DG AGRI G3 16 Mars 2017
/100 kg PRICE FORECAST CLASS E Development of the EU average price for pig carcasses - Class E 170.00 165.00 160.00 155.00 150.00 145.00 140.00 135.00 130.00 125.00 120.00 Class E - 2015 Class E - 2016 Class E - 2017f Class E - 2015 Class E - 2016 Class E - 2017f Quarter I Quarter II Quarter III Quarter IV 136.10 144.17 144.63 133.42 127.47 138.61 163.55 154.22 150.49 155.60 163.68 152.11 DG AGRI G3 16 Mars 2017
/100 kg PRICE FORECAST CLASS R Development of the EU average price for pig carcasses - Class R 220.00 200.00 180.00 160.00 140.00 120.00 Class R - 2015 Class R - 2016 Class R - 2017f 100.00 Class R - 2015 Class R - 2016 Class R - 2017f Quarter I Quarter II Quarter III Quarter IV 167.08 162.43 177.90 164.46 154.53 159.55 196.71 200.29 174.12 169.74 183.79 180.96 DG AGRI G3 16 Mars 2017
Trade
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Jan-Jan 17 46 135 59 720 71 937 51 641 63 800 55 918 56 077 54 499 72 276 22 612 21 730 32 368 43 179 59 838 51 789 44 193 37 655 36 967 34 487 35 245 33 066 32 760 2 764 344 410 881 011 943 405 1 083 230 1 238 138 1 556 961 1 545 907 1 331 808 1 526 563 1 509 302 1 780 568 1 938 455 2 089 363 1 910 908 2 569 087 2 386 245 2 627 630 Tonnes carcase weight 3 246 486 3 247 956 3 242 390 3 033 833 3 368 224 4 139 929 T R A D E EU T R A D E B A L A N C E EU trade of PIG products IMPORTS EXPORTS EU Trade of PIG products 4 500 000 4 250 000 4 000 000 3 750 000 3 500 000 3 250 000 3 000 000 2 750 000 2 500 000 2 250 000 2 000 000 1 750 000 1 500 000 1 250 000 1 000 000 750 000 500 000 250 000 0 DG AGRI G3 16 Mars 2017
T R A D E EU I M P O R T S P i g P r o d u c t s IMPORT EU imports of selected PIG products Trade figures (COMEXT tonnes carcass weight) 2012 2013 2014 2015 Jan-Dec 16 Compared tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Dec 15 Sw itzerland 18 731 51% 17 399 50% 18 207 52% 20 225 61% 22 257 68% 10% Chile 8 756 24% 6 432 19% 3 416 10% 2 896 9% 2 958 9% 2% Norw ay 2 045 6% 2 202 6% 3 192 9% 2 315 7% 1 964 6% -15% USA 1 264 3% 1 548 4% 1 498 4% 1 769 5% 1 711 5% -3% Other 6 171 17% 6 906 20% 8 932 25% 5 862 18% 3 868 12% Extra-EU 36 967 34 487 35 245 33 066 32 757 % change - 7% + 2% - 6% - 0.9% DG AGRI G3 16 Mars 2017
T R A D E EU I M P O R T S P i g P r o d u c t s EU imports of selected PIG products Trade figures (COMEXT tonnes carcass weight) IMPORTS of PIG Meat into EU-28 (Tonnes c. weight) IMPORTS of PIG Meat into EU-28 (1000 EUR) 35 244 33 066 32 757 8 413 5 281 3 270 2 958 2 896 3 416 40 000 35 000 30 000 25 000 20 000 15 000 66 324 13 396 7 028 6 229 13 963 58 089 57 886 8 857 8 392 7 772 8 027 7 531 6 545 10 553 9 604 70 000 60 000 50 000 40 000 30 000 18 207 20 225 22 257 10 000 11 289 10 505 9 028 20 000 Jan-Dec 14 Jan-Dec 15 Jan-Dec 16 5 000 0 14 419 12 870 16 291 Jan-Dec 14 Jan-Dec 15 Jan-Dec 16 10 000 0 Switzerland Chile Norway USA Thailand Other origins Switzerland Chile Norway USA Thailand Other origins DG AGRI G3 16 Mars 2017
T R A D E EU I M P O R T S P i g P r o d u c t s Imports of selected PIG products in Tonnes (carcase weight) 4 000 3 500 3 000 2 500 2 000 1 500 1 000 500 Jan 14 2014 Jan 15 2015 Jan 16 2016 0 FRESH FROZEN FAT OTHERS DG AGRI G3 16 Mars 2017
Japan Russia (up to Nov) Canada Australia Japan Russia (up to Nov) Canada Australia South Korea Mexico (up to Nov) United States South Korea United States Mexico (up to Nov) China + H. Kong Qty in 1000 Tonnes China + H. Kong W O R L D P I G M A R K E T PIG MAIN IMPORTERS Main Importers of PIG Products (up to December) 4 500 4 000 3 500 3 000 2 500 2 000 1 500 1 000 500 Source : GTA 2015 (up to December) 2016 (up to December) Excl. Live animals 0 DG AGRI G3 16 Mars 2017
T R A D E E U E X P O R T S P i g P r o d u c t s EU exports of selected PIG products: Trade figures (COMEXT tonnes carcass weight) 2012 2013 2014 2015 Jan-Dec 16 Compared to tonnes % tonnes % tonnes % tonnes % tonnes % Jan-Dec 15 China 589 805 18.2% 668 386 20.6% 717 033 23.6% 1 141 306 33.9% 1 859 565 44.9% + 63% Japan 259 997 8.0% 261 324 8.1% 347 721 11.5% 364 746 10.8% 399 507 9.7% + 10% Hong Kong 381 703 11.8% 388 049 12.0% 408 183 13.5% 292 372 8.7% 362 319 8.8% + 24% South Korea 145 950 4.5% 108 482 3.3% 227 825 7.5% 241 568 7.2% 259 244 6.3% + 7% Philippines 74 140 2.3% 102 348 3.2% 202 522 6.7% 191 876 5.7% 215 696 5.2% + 12% USA 65 116 2.0% 64 710 2.0% 90 985 3.0% 105 123 3.1% 116 215 2.8% + 11% Australia 54 262 1.7% 51 467 1.6% 73 156 2.4% 102 645 3.0% 99 829 2.4% - 3% Ukraine 167 129 5.1% 125 540 3.9% 106 780 3.5% 96 631 2.9% 75 782 1.8% - 22% Vietnam 1 369 0.0% 3 269 0.1% 16 056 0.5% 38 290 1.1% 53 559 1.3% + 40% Taiw an 15 681 0.5% 11 540 0.4% 52 970 1.7% 53 701 1.6% 47 889 1.2% - 11% Serbia 21 679 0.7% 28 336 0.9% 62 905 2.1% 47 488 1.4% 41 200 1.0% - 13% Singapore 35 369 1.1% 28 828 0.9% 40 265 1.3% 40 937 1.2% 39 976 1.0% - 2% Other 1 435 753 44.2% 1 400 111 14.5% 687 432 13.7% 651 541 14.4% 569 153 13.7% Extra-EU 3 247 956 3 242 390 3 033 833 3 368 224 4 139 934 % change - 0% - 6% + 11% + 22.9% DG AGRI G3 16 Mars 2017
T R A D E EU E X P O R T S P i g P r o d u c t s EU exports of selected PIG products Trade figures (COMEXT tonnes carcass weight) EU-28 EXPORTS of PIG Meat (Tonnes carc. weight) 4 139 934 3 368 224 1 043 603 3 033 833 1 136 358 259 244 1 130 551 362 319 399 507 241 569 227 825 292 371 408 182 364 746 347 722 1 859 565 717 032 1 141 306 Jan-Dec 14 Jan-Dec 15 Jan-Dec 16 4 500 000 4 000 000 3 500 000 3 000 000 2 500 000 2 000 000 1 500 000 1 000 000 500 000 0 Tons (cw). EU-28 EXPORTS of PIG Meat (1000 EUR) 7 843 467 6 199 054 5 642 028 2 308 145 2 353 015 2 365 080 545 232 1 338 998 399 300 585 254 1 096 010 1 072 104 2 800 649 888 710 1 651 654 Jan-Dec 14 Jan-Dec 15 Jan-Dec 16 9 000 000 8 000 000 7 000 000 6 000 000 5 000 000 4 000 000 3 000 000 2 000 000 1 000 000 0 in 1,000 EUR. China Japan Hong Kong South Korea Philippines Other destinations China Japan Hong Kong South Korea Philippines Other destinations DG AGRI G3 16 Mars 2017
Information South Korea applying agricultural safeguard clause South Korea has the possibility to apply the agricultural safeguard clause as provided by Article 3.6 of the EU South Korea Free Trade Agreement in the form of a higher import duty on an originating agricultural good listed in its Schedule in Annex 3 if the aggregate volume of imports of that good in any year exceed a trigger volume set out in the same Annex; South Korea notified the EU that as of 20 February 2017 the agricultural safeguard clause is applied; The concerned tariff lines are (HSK 2017): 0203-19-1000 and 0203-19- 9000, chilled pork meat; Trigger level: 176 000 tonnes, exceeded already on 17 January 2017; The tariff will rise from 10,2% to 22,5% - this concerns 5 th FTA year (1 July 2016 30 June 2017). DG AGRI G3 16 Mars 2017
T R A D E EU E X P O R T S P i g P r o d u c t s EU Exports of selected PIG products in Tonnes (carcase weight) 450 000 400 000 350 000 300 000 250 000 200 000 150 000 100 000 50 000 Jan 14 2014 Jan 15 2015 Jan 16 2016 0 FRESH FROZEN FAT LIVE ANIMALS OTHERS DG AGRI G3 16 Mars 2017
W O R L D P I G M A R K E T EU PIG E X P O R T S T O C H I N A Full year 2016 Main EU MS exporting pigmeat to China (In tonnes CW) United Kingdom 74 869 4% Others 85 276 5% Germany 600 549 32% Ireland 76 335 4% France 142 852 8% Spain 351 526 19% Netherlands 223 141 12% Denmark 305 351 16% Germany Spain Denmark Netherlands France Ireland United Kingdom Others DG AGRI G3 16 Mars 2017
Canada China + H. Kong Brazil Mexico (up to Nov) Chile (up to Jul) Russia (up to Nov) Canada China + H. Kong Brazil Mexico (up to Nov) Chile (up to Jul) Russia (up to Nov) Qty in 1000 Tonnes United States EU United States EU W O R L D P I G M A R K E T PIG MAIN EXPORTERS Main Exporters of PIG Products (up to December) 4 000 3 500 3 000 2 500 2 000 1 500 1 000 500 Source : GTA 2015 (up to December) 2016 (up to December) Excl. Live animals 0 DG AGRI G3 16 Mars 2017
Follow market updates via the Meat Market Observatory http://ec.europa.eu/agriculture/marketobservatory/meat/index_en.htm > Pigmeat DG AGRI G3 16 Mars 2017
Annex III
BEEF & VEAL MARKET SITUATION Meat Market Observatory Economic Board Meeting 16 March 2017
L I V E S T O C K JUNE SURVEY EU E V O L U T I O N T O T A L B O V I N E May/Jun %Var %Var %Var %Var TOT LIVESTOCK BOVINE < 1 Year BOVINE 1-2 Year BOVINE > 2 Year 2016 2016 2016 2016 1000 Hd 2013 2014 2015 2016 2015 2013 2014 2015 2016 2015 2013 2014 2015 2016 2015 2013 2014 2015 2016 2015 BE 2 433 2 521 2 531 2 470-2.4% 689 734 744 728-2.1% 495 506 504 493-2.2% 1 248 1 282 1 283 1 248-2.7% BG CZ DK 1 603 1 585 1 568 1 583 +1.0% 523 528 524 547 +4.4% 328 318 316 307-2.8% 752 739 728 730 +0.3% DE 12 587 12 702 12 653 12 563-0.7% 3 849 3 874 3 846 3 805-1.1% 3 011 3 004 3 002 2 983-0.6% 5 727 5 824 5 805 5 775-0.5% EE IE 6 903 6 926 6 964 7 221 +3.7% 1 968 1 878 2 042 2 126 +4.1% 1 811 1 767 1 705 1 853 +8.7% 3 123 3 280 3 216 3 242 +0.8% EL ES 5 822 6 008 6 234 6 445 +3.4% 2 026 2 172 2 281 2 404 +5.4% 801 795 898 899 +0.1% 2 995 3 041 3 055 3 142 +2.9% FR 19 179 19 286 19 463 19 559 +0.5% 5 497 5 530 5 603 5 638 +0.6% 3 529 3 476 3 540 3 561 +0.6% 10 153 10 280 10 319 10 362 +0.4% HR IT 6 053 6 197 6 146 6 183 +0.6% 1 587 1 703 1 670 1 702 +1.9% 1 480 1 445 1 370 1 502 +9.7% 2 986 3 049 3 107 2 979-4.1% CY LV LT LU HU MT NL 4 000 4 068 4 134 4 244 +2.7% 1 616 1 643 1 624 1 691 +4.1% 624 634 672 630-6.3% 1 759 1 791 1 838 1 923 +4.7% AT 1 939 1 937 1 950 1 933-0.9% 604 613 622 605-2.7% 435 424 437 441 +0.8% 900 901 891 887-0.5% PL 5 860 5 920 5 961 5 939-0.4% 1 586 1 609 1 669 1 728 +3.6% 1 422 1 433 1 529 1 576 +3.1% 2 852 2 879 2 763 2 635-4.6% PT RO 2 054 2 069 2 078 2 081 +0.2% 478 479 477 481 +0.9% 236 236 235 240 +2.3% 1 340 1 354 1 366 1 360-0.4% SI SK FI SE 1 506 1 493 1 476 1 489 +0.9% 468 472 466 475 +2.0% 381 370 372 375 +0.8% 657 651 638 639 +0.1% UK 9 843 9 837 9 919 10 019 +1.0% 2 808 2 801 2 912 2 984 +2.5% 2 474 2 384 2 380 2 449 +2.9% 4 561 4 652 4 626 4 587-0.8% EU 79 781 80 550 81 076 81 730 +0.8% 23 698 24 035 24 481 24 915 +1.8% 17 027 16 792 16 959 17 308 +2.1% 39 055 39 722 39 635 39 509-0.3% Source : EStat Newcronos EU %Var is calculated considering only countries available in 2015 AND 2016 13 March 2017
L I V E S T O C K JUNE SURVEY EU E V O L U T I O N T O T A L B O V I N E May/Jun %Var %Var %Var TOTAL COWS DAIRY COWS OTHER COWS 2016 2016 2016 1000 Hd 2013 2014 2015 2016 2015 2013 2014 2015 2016 2015 2013 2014 2015 2016 2015 13 March 2017 BE 1 007 971 987 971-1.6% 510 522 524 522-0.4% 498 449 463 449-3.0% BG CZ DK 678 664 661 669 +1.2% 576 563 561 572 +2.0% 102 101 99 97-2.0% DE 4 896 4 981 4 969 4 957-0.2% 4 223 4 311 4 287 4 272-0.3% 673 670 682 685 +0.4% EE IE 2 313 2 355 2 372 2 502 +5.5% 1 163 1 226 1 296 1 398 +7.9% 1 150 1 129 1 076 1 104 +2.6% EL ES 2 595 2 716 2 678 2 810 +4.9% 823 876 853 827-3.0% 1 772 1 840 1 825 1 983 +8.7% FR 7 682 7 759 7 809 7 838 +0.4% 3 545 3 615 3 606 3 576-0.8% 4 137 4 144 4 203 4 263 +1.4% HR IT 2 381 2 382 2 375 2 245-5.5% 1 989 2 053 2 061 1 948-5.5% 392 329 314 297-5.4% CY LV LT LU HU MT NL 1 637 1 655 1 702 1 811 +6.4% 1 553 1 572 1 622 1 743 +7.5% 84 82 80 68-15.4% AT 769 770 762 755-0.9% 524 534 540 536-0.6% 245 236 222 218-1.8% PL 2 531 2 479 2 444 2 332-4.6% 2 361 2 310 2 279 2 146-5.8% 170 169 165 186 +12.6% PT RO 1 222 1 224 1 233 1 228-0.4% 1 208 1 207 1 216 1 216-0.0% 13 17 17 12-29.4% SI SK FI SE 539 531 523 525 +0.4% 346 344 338 331-2.2% 193 186 184 194 +5.1% UK 3 393 3 411 3 472 3 490 +0.5% 1 782 1 841 1 895 1 895 idem 1 611 1 569 1 576 1 594 +1.1% EU 31 642 31 899 31 987 32 132 +0.5% 20 603 20 976 21 078 20 981-0.5% 11 040 10 922 10 907 11 150 +2.2% Source : EStat Newcronos EU %Var is calculated considering only countries available in 2015 AND 2016
L I V E S T O C K DECEMBER SURVEY EU E V O L U T I O N T O T A L B O V I N E Dec %Var %Var %Var %Var TOTAL LIVESTOCK BOVINE < 1 Year BOVINE 1-2 Year BOVINE > 2 Year 2016 2016 2016 2016 1000 Hd 2013 2014 2015 2016 2015 2013 2014 2015 2016 2015 2013 2014 2015 2016 2015 2013 2014 2015 2016 2015 BE 2 441 2 477 2 503 2 499-0.2% 718 745 749 748-0.1% 490 490 493 491-0.4% 1 234 1 243 1 261 1 259-0.2% BG 586 562 561 571 +1.8% 150 121 109 120 +10.2% 62 65 64 63-1.0% 374 376 388 388-0.0% CZ 1 332 1 373 1 366 1 340-2.0% 390 413 403 397-1.6% 300 311 309 295-4.6% 642 649 654 648-0.9% DK 1 583 1 553 1 566 1 554-0.8% 528 534 538 540 +0.4% 319 307 302 298-1.3% 736 713 726 715-1.5% DE 12 686 12 742 12 635 12 467-1.3% 3 878 3 909 3 836 3 795-1.1% 3 015 3 011 2 993 2 960-1.1% 5 793 5 823 5 806 5 712-1.6% EE 261 265 256 249-3.0% 71 73 70 68-3.6% 54 54 53 50-4.6% 137 138 133 131-2.1% IE 6 309 6 243 6 422 6 613 +3.0% 1 893 1 886 2 026 2 077 +2.5% 1 714 1 649 1 660 1 778 +7.1% 2 701 2 709 2 737 2 759 +0.8% EL 653 659 582 580-0.3% 167 176 154 151-1.9% 129 119 103 107 +3.9% 357 365 325 324-0.3% ES 5 802 6 079 6 183 6 255 +1.2% 2 068 2 302 2 325 2 360 +1.5% 735 746 786 795 +1.1% 2 999 3 031 3 072 3 099 +0.9% FR 19 129 19 271 19 406 19 004-2.1% 5 453 5 546 5 618 5 138-8.5% 3 441 3 418 3 461 3 493 +0.9% 10 235 10 307 10 327 10 372 +0.4% HR 442 441 455 462 +1.5% 145 132 148 154 +4.1% 92 88 88 89 +1.1% 205 221 219 219 idem IT 6 249 6 125 6 156 6 315 +2.6% 1 680 1 654 1 678 1 745 +4.0% 1 457 1 366 1 379 1 448 +5.0% 3 112 3 106 3 099 3 122 +0.7% CY 57 60 59 21 22 21 9 10 9 27 28 29 LV 406 422 419 412-1.6% 109 118 114 113-0.5% 75 75 76 73-4.8% 222 229 229 227-1.1% LT 714 737 723 695-3.9% 187 192 185 179-3.2% 144 149 152 142-6.3% 383 395 385 373-3.2% LU 198 201 201 202 +0.9% 55 54 54 54 +1.2% 45 47 45 44-0.5% 98 100 102 104 +1.3% HU 782 802 821 838 +2.1% 212 219 220 232 +5.5% 179 176 180 173-3.9% 393 407 421 434 +3.1% MT 15 15 15 14-4.4% 4 4 4 4-6.9% 4 3 4 3-12.6% 7 7 7 7 +1.2% NL 4 090 4 169 4 315 4 294-0.5% 1 653 1 676 1 707 1 666-2.4% 627 657 660 644-2.4% 1 810 1 836 1 948 1 985 +1.9% AT 1 958 1 961 1 958 1 954-0.2% 627 629 624 632 +1.2% 435 432 439 432-1.6% 897 899 894 890-0.4% PL 5 590 5 660 5 763 5 985 +3.9% 1 409 1 450 1 617 1 718 +6.2% 1 372 1 445 1 532 1 637 +6.9% 2 809 2 765 2 614 2 630 +0.6% PT 1 471 1 549 1 606 1 635 +1.8% 425 487 510 499-2.1% 211 214 240 267 +11.0% 834 848 856 869 +1.6% RO 2 022 2 069 2 092 2 058-1.7% 454 463 475 466-1.9% 238 254 261 257-1.8% 1 331 1 352 1 357 1 335-1.6% SI 461 468 484 489 +1.0% 144 148 153 155 +1.7% 123 122 129 131 +1.1% 194 198 202 203 +0.3% SK 468 466 457 449-1.7% 133 130 130 131 +1.0% 98 93 91 85-6.4% 238 243 236 233-1.3% FI 903 907 903 887-1.8% 302 307 308 302-1.9% 224 223 221 218-1.3% 378 378 374 367-2.0% SE 1 444 1 436 1 428 1 436 +0.5% 469 473 467 468 +0.2% 342 334 342 344 +0.6% 632 629 619 624 +0.8% UK 9 682 9 693 9 816 9 942 +1.3% 2 803 2 842 2 967 3 046 +2.7% 2 411 2 332 2 372 2 468 +4.0% 4 468 4 520 4 477 4 429-1.1% EU 87 734 88 406 89 152 89 199 +0.1% 26 148 26 705 27 209 26 958-0.8% 18 342 18 189 18 445 18 786 +1.9% 43 246 43 514 43 498 43 458-0.0% Source : EStat Newcronos EU %Var is calculated considering only countries available in 2015 AND 2016 13 March 2017
L I V E S T O C K DECEMBER SURVEY EU E V O L U T I O N C O W S Dec %Var %Var %Var TOTAL COWS DAIRY COWS OTHER COWS 2016 2016 2016 1000 Hd 2013 2014 2015 2016 2015 2013 2014 2015 2016 2015 2013 2014 2015 2016 2015 BE 945 956 974 987 +1.3% 516 519 529 530 +0.2% 429 436 445 457 +2.6% BG 353 351 359 365 +1.7% 313 302 283 280-1.2% 40 49 76 86 +12.4% CZ 553 566 566 561-1.0% 375 372 369 367-0.5% 178 194 197 193-1.9% DK 664 643 664 657-1.1% 567 547 570 565-0.9% 97 96 94 92-2.1% DE 4 941 4 969 4 966 4 887-1.6% 4 268 4 296 4 285 4 218-1.6% 673 674 681 670-1.7% EE 118 118 116 114-1.4% 98 96 91 86-4.7% 20 23 25 28 +10.8% IE 2 168 2 169 2 293 2 337 +1.9% 1 082 1 128 1 240 1 295 +4.5% 1 085 1 041 1 053 1 042-1.1% EL 289 305 274 269-1.8% 130 135 111 113 +1.8% 159 169 163 156-4.3% ES 2 633 2 669 2 763 2 780 +0.6% 844 845 844 820-2.9% 1 789 1 824 1 919 1 960 +2.2% FR 7 804 7 841 7 872 7 856-0.2% 3 697 3 699 3 661 3 630-0.8% 4 106 4 142 4 211 4 225 +0.3% HR 181 180 171 167-2.3% 168 159 152 147-3.3% 13 21 19 20 +5.3% IT 2 410 2 398 2 386 2 365-0.9% 2 075 2 069 2 057 2 060 +0.2% 335 329 329 305-7.5% CY 25 25 26 25 25 26 0 0 0 LV 194 200 201 199-1.3% 165 166 162 154-5.2% 29 34 39 45 +15.0% LT 345 351 343 333-2.9% 316 314 301 286-4.9% 29 37 43 47 +11.0% LU 78 75 77 80 +3.2% 48 47 49 52 +5.8% 30 29 28 28-1.3% HU 345 359 368 379 +3.0% 250 255 251 242-3.6% 96 104 117 137 +17.1% MT 6 7 7 7 +1.7% 6 7 6 6 +2.0% 1 0 0 0-11.5% NL 1 683 1 694 1 802 1 864 +3.4% 1 597 1 610 1 717 1 794 +4.5% 86 84 85 70-17.6% AT 766 768 758 757-0.3% 530 538 534 540 +1.1% 237 230 224 217-3.4% PL 2 442 2 403 2 303 2 334 +1.4% 2 299 2 248 2 134 2 161 +1.2% 143 155 169 174 +2.9% PT 677 697 719 724 +0.7% 231 234 243 239-1.8% 446 463 476 485 +1.9% RO 1 187 1 207 1 207 1 189-1.6% 1 169 1 188 1 191 1 173-1.5% 18 18 17 16-4.2% SI 166 168 170 171 +0.9% 110 108 113 108-4.4% 56 60 57 64 +11.4% SK 199 202 200 195-2.1% 145 143 139 133-4.6% 54 59 60 62 +3.6% FI 338 340 339 333-1.9% 282 283 282 275-2.4% 56 57 57 57 +0.5% SE 522 517 513 514 +0.2% 346 344 337 326-3.2% 175 173 176 188 +6.7% UK 3 371 3 419 3 469 3 490 +0.6% 1 817 1 883 1 918 1 920 +0.1% 1 554 1 536 1 551 1 570 +1.2% EU 35 401 35 596 35 907 35 913 +0.1% 23 468 23 559 23 595 23 519-0.2% 11 934 12 037 12 312 12 393 +0.7% Source : EStat Newcronos EU %Var is calculated considering only countries available in 2015 AND 2016 13 March 2017
-11.9% -3.2% -4.2% -5.1% -1.2% -0.9% +1.3% +0.2% +1.8% +1.7% +0.7% +4.4% +4.6% +4.8% +4.3% +4.9% +3.8% +5.7% +4.3% +4.4% +7.6% +8.0% +7.0% +6.1% +5.1% +10.6% +13.4% P R O D U C T I O N % E V O L U T I O N H E A D S HEADS Jan-Dec 15/16 EU15 EU28 + 20 % EU : + 3.1% + 20 % Bull -1.7% -1.2% Bullock +0.7% +0.7% + 10 % + 10 % Cow +6.1% +7.0% 0% 0% Heifer +5.5% +6.0% Calve +2.4% +2.3% - 10 % - 10 % Young cattle +0.9% +1.6% Meat of bovine +2.6% +3.1% - 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 UK Estimates for last month of period : UK Source : EStat - Newcronos 13 March 2017
-8.4% -4.2% -4.2% -1.8% -0.6% +0.8% +3.9% +1.9% +0.7% +5.3% +4.3% +2.7% +1.8% +5.1% +3.9% +2.3% +1.8% +0.7% +3.2% +7.3% +6.4% +8.5% +6.5% +6.2% +10.6% +25.9% +29.4% 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 TONNES Jan-Dec 15/16 EU15 EU28 + 40 % EU : + 2.6% + 40 % Bull -1.5% -0.9% + 30 % + 30 % Bullock +0.8% +0.8% + 20 % + 20 % Cow +5.1% +5.8% + 10 % + 10 % Heifer +4.5% +5.0% Calve +3.1% +3.1% 0% 0% Young cattle +1.0% +2.0% - 10 % - 10 % Meat of bovine +2.1% +2.6% - 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 UK Estimates for last month of period : UK Source : EStat - Newcronos 13 March 2017
1.000 Tonnes P R O D U C T I O N H I S T O R I C T O N N E S 800 700 Beef & Veal Production (E28 Slaughtering) - Tonnes 2 0 1 4 2 0 1 5 2 0 1 6 600 500 400 300 200 100 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Source : EStat-Newcronos 13 March 2017
Live Animals /kg /head Carcasse /100 kg P R I C E S C A R C A S S E S Dashboard EU Prices week 9 Evolution since last week Evolution since last month Evolution since last year Average A/C/Z -R3 374.0-0.4% - 0.4% - 0.7% Young Bovines (Z) 385.9-0.3% - 1.7% - 0.3% Young Bulls (A) 374. - 0.3% - 0.4% - 0.4% Steers (C) 396.1-0.5% - 0.1% - 2.5% Cows (D) 279.0 + 0.2% + 1.5% + 1.1% Heifers (E) 383.9 + 0.4% + 0.2% - 0.1% Male Calves Dairy Type 86.55 + 2.0% + 9.9% + 9.2% Male Calves Beef Type 210.8-0.1% - 2.3% - 0.1% Young Store Cattle 2.39 + 0.5% + 1.4% + 0.3% Yearling Male Store Cattle 2.33 + 0.4% + 0.9% - 0.4% Yearling Female Store Cattle 2.34 + 1.9% + 0.6% + 0.8% Calves slaughtered <8M 524.5 /100-0.3% - 2.4% - 2.8% Sources : MSs notifications (Regulation (EC) 1249/2008 and 807/2013 13 March 2017
P R I C E S C A R C A S S E S EU E V O L U T I O N A / C / Z. R3 ACZ - R 3 > Wk.09-2017 % of Reference Price 190% /100 kg cwe 422.6 180% 400.3 170% 378.1 160% 355.8 150% 333.6 140% 311.4 130% Source : Member States ACZ - R 3 > Wk.09-2017 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2012-2016 Avg 2015 2016 2017 Price in week 09 : 374.04 Average price in February 2017 : 376.92 % change y/y : - 0.7% % change y/y : - 3.4% % Ref. Price in wk 9 : 168.2% 289.1 13 March 2017
217.07 280.82 259.64 241.82 385.12 383.60 379.40 378.17 375.38 375.30 374.89 371.04 362.21 341.46 339.40 339.27 336.31 327.98 323.51 319.66 316.49 303.91 428.95 421.56 410.73 408.70 478.84 P R I C E S C A R C A S S E S EU E V O L U T I O N A / C / Z. R3 / 100 kg EU Beef prices ACZ - R3 600.00 Feb 17 vs Feb 16 500.00 Feb-16 Feb-17 400.00 300.00 200.00 Reference price 222.4 100.00 0.00 13 March 2017 SE GR GB NI IT FI SP LU DE IE EU AT PT DK HR BE SI FR CZ SK PL EE NL LT RO LV HU
P R I C E S C A R C A S S E S EU E V O L U T I O N Y O U N G B U L L A.R3 Young Bovines A - R 3 > Wk.09-2017 400 400 380 380 360 360 340 340 320 320 300 Source : Member States Young Bovines A - R 3 > Wk.09- Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2012-2016 Avg 2015 2016 2017 300 Price in week 09 : 375.43 Average price in February 2017 : 377.68 % change y/y : - 0.5% % change y/y : - 1.4% 13 March 2017
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 In / 100 kg 400 Young Bovines 8-12m Z - R 3 > Wk.09-2016 380 360 340 320 Source : Member States 300 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2015 2016 2017 Price in week 09 : 385.95 Average price in February 2017 : 385.94 % change y/y : + 0.8% % change y/y : + 3.6% 13 March 2017
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 S T E E R C.R3 Bullocks C - R 3 > Wk.09-2017 500 500 475 475 450 450 425 425 400 400 375 375 350 350 325 300 Source : Member States Bullocks C - R 3 > Wk.09-2017 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2012-2016 Avg 2015 2016 2017 Price in week 09 : 391.60 Average price in February 2017 : 401.01 % change y/y : - 1.8% % change y/y : - 8.4% 325 300 13 March 2017
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 C O W D.O3 Cows D - O 3 > Wk.09-2017 340 340 320 320 300 300 280 280 260 260 240 240 220 Source : Member States Cows D - O 3 > Wk.09- Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2012-2016 Avg 2014 2016 2017 220 13 March 2017 Price in week 09 : 279.04 Average price in February 2017 : 273.98 % change y/y : + 1.1% % change y/y : - 3.5%
P R I C E S C A R C A S S E S EU E V O L U T I O N H E I F E R E.R3 Heifers E - R 3 > Wk.09-2017 430 430 410 410 390 390 370 370 350 350 330 330 310 Source : Member States Heifers E - R 3 > Wk.09- Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2012-2016 Avg 2015 2016 2017 Price in week 09 : 383.90 Average price in February 2017 : 385.32 % change y/y : - 0.1% % change y/y : - 4.1% 310 13 March 2017
P R I C E S C A R C A S S E S EU E V O L U T I O N All CAT GLOBAL VIEW 450 400 350 Z R3 A R3 C R3 D O3 E R3 300 250 Source : Member States 200 Last Update : Week 09-2016 2015 2016 2017 13 March 2017
P R I C E S L I V E B O V I N E S EU E V O L U T I O N STORE CATTLE Store cattle ( /100 kg live weight) 70 Young Store Cattle Prices 60 50 40 30 20 10 00 90 Young Store Cattle Yearling Male Store Cattle Yearling Female Store Cattle 13 March 2017 Young Store Cattle Price in Week 9 2.39 Yearling Male Store Cattle Price 2.33 Change y/y +0.25% Change y/y -0.45% Yearling Female Store Cattle Price 2.34 Change y/y +0.76%
P R I C E S L I V E B O V I N E S EU E V O L U T I O N Male Calves 8D4W Male calves aged between 8 days and 4 weeks ( /head) 300.00 Male Rearing Calves Prices 250.00 200.00 150.00 100.00 50.00 0.00 Male Calves Dairy Type Male Calves Beef Type Male Rearing Calves Beef type Male Rearing Calves Dairy type Price in Week 6 215.78 Price in Week 6 80.42 Change y/y -0.28% Change y/y +3.19% 13 March 2017
P R I C E S L I V E B O V I N E S EU E V O L U T I O N Butcher Calves Calves slaughtered before the age of less than 8 months ( /100 kg cw) 560 Calves Slaughtered before the Age of 8 Months 540 520 500 480 460 440 420 Price in Week 9 524.54 / 100 kg of carcasse weight Change y/y -2.81% 13 March 2017
/ 100 kg REMAINDERS 400 Remainder for dairy calves fattening 350 300 250 200 150 100 140.44 50 0 2014 2015 2016 13 March 2017 Remainder Cost animal purchase Cost main feed ingredients AO2 carcass price Average remainder
/ 100 kg REMAINDERS 450 Remainder for beef type calves fattening 400 350 300 250 200 150 100 160.12 50 0 2014 2015 2016 Remainder Cost animal purchase Cost main feed ingredients AR3 carcass price Average remainder 13 March 2017
/100Kg REMAINDERS 450 Remainder for young store cattle fattening 400 350 300 250 200 150 100 50 81.02 0 2014 2015 2016 Remainder Cost animal purchase Cost main feed ingredients AR3 carcass price Average remainder 13 March 2017
T R A D E EU E X P O R T S Beef & Live Animals Destinations 13 March 2017 EU exports of beef and live animals (1): Trade figures (COMEXT tonnes cwe) 2012 2013 2014 2015 Jan-Dec 16 Compared tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Dec 15 Turkey 101 475 19.6% 5 086 1.1% 8 098 1.4% 57 584 9.6% 71 234 10.1% + 23.9% Hong Kong 17 862 3.4% 28 573 6.3% 65 112 11.6% 45 267 7.6% 58 350 8.3% + 29.1% Lebanon 24 099 4.6% 24 007 5.3% 37 984 6.8% 50 287 8.4% 47 061 6.7% - 6.4% Israel 8 435 1.6% 9 378 2.1% 8 353 1.5% 18 862 3.1% 41 678 5.9% + 121.1% Bosnia-Herz. 14 893 2.9% 24 068 5.3% 34 104 6.1% 40 031 6.7% 38 929 5.5% - 2.5% Ivory Coast 15 929 3.1% 21 619 4.8% 28 839 5.2% 35 767 6.0% 36 742 5.2% + 2.8% Ghana 28 693 5.5% 40 878 9.0% 33 255 5.9% 37 389 6.2% 35 369 5.0% - 5.3% Libya 10 665 2.1% 17 778 3.9% 14 280 2.6% 19 691 3.3% 29 503 4.2% + 49.8% Switzerland 19 573 3.8% 26 347 5.8% 26 634 4.8% 26 038 4.3% 25 669 3.7% - 1.3% Algeria 17 323 3.3% 25 911 5.7% 18 499 3.3% 16 085 2.7% 25 004 3.6% + 55.4% Philippines 2 028 0.4% 2 730 0.6% 11 839 2.1% 13 116 2.2% 24 254 3.5% + 85.8% Vietnam 3 042 0.6% 3 175 0.7% 6 410 1.1% 11 627 1.9% 22 252 3.2% + 91.4% Norway 14 620 2.8% 10 222 2.3% 7 879 1.4% 19 129 3.2% 18 374 2.6% - 3.9% Russia 97 828 18.9% 72 281 16.0% 96 928 17.3% 13 643 2.3% 16 450 2.3% + 21.4% Egypt 1 305 0.3% 2 592 0.6% 2 763 0.5% 9 835 1.6% 15 924 2.3% + 62.4% Angola 8 258 1.6% 10 589 2.3% 14 587 2.6% 9 644 1.6% 13 549 1.9% + 40.5% For.JRep.Mac 11 321 2.2% 10 577 2.3% 11 370 2.0% 12 562 2.1% 11 781 1.7% - 6.2% Other Destinations 132 668 25.6% 127 303 28.1% 143 675 25.7% 175 457 29.3% 182 542 26.0% Extra-EU 518 694 452 537 559 238 599 454 702 883 % change - 13% + 24% + 7% + 17.9%
Tonnes cw Tonnes cw T R A D E EU E X P O R T S Beef & Live Animals EU exports of beef and live animals: Trade figures (COMEXT) EU EXPORTS of Beef & Veal (Tonnes cwe) EU EXPORTS of Beef & Veal (1000 EUR) 559 238 596 308 702 883 800 000 700 000 600 000 1 892 616 2 216 259 2 500 000 2 000 000 445 632 384 539 405 586 38 929 39 928 41 678 34 104 47 061 50 289 37 984 58 350 45 198 65 112 57 504 71 234 Jan-Dec 14 Jan-Dec 15 Jan-Dec 16 500 000 400 000 300 000 200 000 100 000 0 1 501 256 1 195 995 1 054 080 1 042 291 187 839 179 761 192 051 138 167 120 759 142 763 155 848 342 415 420 403 Jan-Dec 14 Jan-Dec 15 Jan-Dec 16 1 500 000 1 000 000 500 000 0 Turkey Hong Kong Lebanon Israel Other destinations Series12 Turkey Hong Kong Lebanon Israel Other destinations Series12 13 March 2017
in Tonnes cwe 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-28 Exports of BEEF products 80 000 70 000 60 000 50 000 40 000 30 000 20 000 10 000 Jan14 2014 Jan15 2015 Jan16 2016 0 LIVE ANIMALS FRESH FROZEN PREPARED OTHERS 13 March 2017
Jan 14 Feb 14 Mar 14 Apr 14 May 14 Jun 14 Jul 14 Aug 14 Sep 14 Oct 14 Nov 14 Dec 14 Jan 15 Feb 15 Mar 15 Apr 15 May 15 Jun 15 Jul 15 Aug 15 Sep 15 Oct 15 Nov 15 Dec 15 Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 Aug 16 Sep 16 Oct 16 Nov 16 Dec 16 T R A D E EU E X P O R T S B e e f t o T U R K E Y EU beef Exports to TURKEY Trade figures (COMEXT data) tonnes cwe 10 000 Fresh Bovine "Compensated" quarters Fresh Bovine (un)-separated Forequarters Fresh Bovine (un)-separated Hindquarters Live Animals TOTAL 9 000 8 000 7 000 6 000 5 000 4 000 3 000 2 000 1 000 0 13 March 2017
T R A D E EU E X P O R T S B e e f t o R U S S I A EU beef Exports to RUSSIA Trade figures (COMEXT data) tonnes cwe 16 000 Live animals Fresh Bovine meat 14 000 Frozen Bovine meat TOTAL Beef Offals 12 000 10 000 8 000 6 000 4 000 2 000 0 13 March 2017
Jan 14 Feb 14 Mar 14 Apr 14 May 14 Jun 14 Jul 14 Aug 14 Sep 14 Oct 14 Nov 14 Dec 14 Jan 15 Feb 15 Mar 15 Apr 15 May 15 Jun 15 Jul 15 Aug 15 Sep 15 Oct 15 Nov 15 Dec 15 Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 Aug 16 Sep 16 Oct 16 Nov 16 Dec 16 0. 1 423 2 114 1 494 403 2 050. 1 761 1 813 1 981 1 928 1 222 2 159 2 728 1 845 3 187 1 985 1 230. 29 3 132. 3 707. 1 995. 3 550. 4 291 4 583 4 892 3 937 5 428 4 338 4 638 3 425 1 330 4 343 4 541 3 669 3 461 886 5 060 2 939. 6 348 5 591 481 3 804. 3 603. 4 328. 1 945 6 261 3 769. 3 414. 3 155. 4 561. 895 953 7 370 8 830 7 563 3 754. 3 528. 4 860. 1 434 957 1 493 4 382. 4 093. 2 790. 2 966. 3 676. 4 439. 1 825 3 942. 4 683. 4 741. 3 098. 3 965. 3 637. 4 559. 3 453. 4 608. 3 544. 1 357 3 553. 4 555. 5 367. 3 652. 3 621. 6 273. 5 293. 5 143. 3 159. 4 634. 2 650. 3 731. 3 448. 3 627. 6 248. 5 608. 4 708. 5 588. 6 098. 6 168. 8 748. 5 614. 5 962. 4 277. 6 409. 7 511. 8 046. 6 123. 8 438. 6 892. 6 031. 6 947. 7 506. 9 621. 8 594. 11 505. 7 933. Tonnes CWE. 9 400. 9 738. 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-28 Exports of LIVE Bovine Animals (Source COMEXT - Tonnes cwe) 30 000 Turkey Algeria Lebanon Other 25 000 20 000 15 000 10 000 5 000 0 13 March 2017
Numbetr of heads Thousand euros 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-Dec 2016 1 200 000 EU Exports of BEEF live animals by partner for the period Jan-Dec 2016 1 400 000 996 469 1 000 000 1 153 879 1 200 000 808 418 800 000 945 023 1 000 000 506 875 498 117 600 000 526 606 565 724 800 000 600 000 400 000 400 000 200 000 200 000 2013 2014 2015 2016 Turkey Lebanon Israel Libya Bosnia-Herz. Algeria Other 0 2013 2014 2015 2016 Turkey Lebanon Israel Libya Bosnia-Herz. Algeria Other 0 13 March 2017
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 2012 2013 2014 2015 Jan-Dec 16 Compared tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Dec 15 Brazil 126 344 41.1% 145 435 43.5% 144 259 43.4% 136 705 42.4% 140 566 42.1% + 2.8% Uruguay 51 996 16.9% 51 377 15.4% 49 043 14.8% 46 301 14.3% 56 652 17.0% + 22.4% Argentina 51 693 16.8% 47 976 14.3% 42 074 12.7% 42 135 13.1% 43 517 13.0% + 3.2% Australia 21 290 6.9% 28 074 8.4% 32 653 9.8% 30 879 9.6% 27 749 8.3% - 10.2% USA 21 095 6.9% 22 297 6.7% 23 234 7.0% 24 075 7.5% 20 534 6.1% - 14.9% Namibia 8 848 2.9% 11 113 3.3% 9 994 3.0% 12 140 3.8% 10 685 3.2% - 11.8% New Zealand 15 181 4.9% 13 827 4.1% 14 432 4.3% 11 369 3.5% 9 894 3.0% - 13.0% Botswana 474 0.2% 6 280 1.9% 6 424 1.9% 9 258 2.9% 9 382 2.8% + 1.3% Paraguay 101 0.0% 0 0.0% 0 0.0% 1 915 0.6% 5 947 1.8% +++ Switzerland 4 946 1.6% 4 284 1.3% 5 456 1.6% 5 089 1.6% 5 497 1.6% + 8.0% Chile 1 711 0.6% 537 0.2% 875 0.3% 710 0.2% 602 0.2% - 15.6% Serbia 641 0.2% 619 0.2% 425 0.1% 439 0.1% 557 0.2% + 27.0% Japan 0 0.0% 3 0.0% 100 0.0% 216 0.1% 497 0.1% + 38.5% Canada 825 0.3% 965 0.3% 780 0.2% 428 0.1% 425 0.1% - 0.8% Ukraine 0 0.0% 0 0.0% 570 0.2% 20 0.0% 317 0.1% +++ Norway 159 0.1% 201 0.1% 347 0.1% 480 0.1% 272 0.1% - 43.4% Iceland 241 0.1% 196 0.1% 163 0.0% 236 0.1% 192 0.1% - 18.8% Other Origins 2 161 0.7% 1 444 0.4% 1 532 0.5% 360 0.1% 657 0.2% Extra-EU 307 707 334 630 332 361 322 753 333 942 % change + 9% - 1% - 3% + 3.4% 13 March 2017
T R A D E EU I M P O R T S Beef & Live Animals EU imports of beef and live animals (2): Trade figures (COMEXT) IMPORTS of Beef & Veal into EU (Tonnes cwe) 400 000 IMPORTS of Beef & Veal into EU (1000 EUR) 2 500 000 332 361 323 043 333 942 41 098 42 786 44 925 32 653 30 884 27 749 42 074 42 150 43 517 49 043 46 287 56 652 144 260 136 803 140 566 350 000 300 000 250 000 200 000 150 000 100 000 50 000 In Tonnes cwe 2 062 511 1 995 684 1 866 829 250 150 256 976 206 035 244 849 188 734 181 860 184 106 211 919 198 874 378 442 374 494 388 442 293 007 307 642 324 156 623 378 673 458 638 502 2 000 000 1 500 000 1 000 000 500 000 in 1000 EUR Jan-Dec 14 Jan-Dec 15 Jan-Dec 16 0 Jan-Dec 14 Jan-Dec 15 Jan-Dec 16 0 Brazil Uruguay Argentina Australia USA Other origins Brazil Uruguay Argentina Australia USA Other origins 13 March 2017
in Tonnes cwe 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-28 Imports of BEEF products 40 000 35 000 30 000 25 000 20 000 15 000 10 000 5 000 Jan14 2014 Jan15 2015 Jan16 2016 0 FRESH FROZEN PREPARED OTHERS 13 March 2017
1000 Tonne 1000 Tonne T R A D E EU T R A D E B A L A N C E Beef & Live Animals 1 400 1 263 1 400 11263 171 Trade balance of beef and live animals 1 120 1 171 1 120 1 028 1 028 IMPORTS 825 825 800 736 800 736 703 624 598 598 565 556 624 598 598 559 513 529 599 600 565 513 491 556 508 559 600 481 452 446 513 529 436 455 513 473 519 454 429 491 481 431 433 452 403 446 401 436 429 398 455 473 395 453 431 380 403 401 398 352 395 400 380 323 335 332 352 292 292 307 400 323 335 332 248 249 308 323 334 292 292 242 248 249 200 200 IMPORTS EXPORTS EXPORTS 1 200 1 200 1 000 1 000 0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Jan- 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015Sep Jan- 15 Dec 16 0 13 March 2017
Million euros 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 and live animals 2 500 Imports Exports 2 216 1 748 1 757 1 692 1 867 2 060 1 898 1 996 2 000 1 287 1 501 1 500 1 000 500 2012 2013 2014 2015 Jan-Dec 16 0 13 March 2017
W O R L D B E E F M A R K E T EXCHANGE RATE INDEX / Euro Main Trading Partners Index of daily exchange rates of the main trading partners compared to the Euro (02/01/14 = 100) 190 170 150 130 110 90 70 50 US Dollar Brazilian Real Canadian Dollar Russian Rouble Chinese Yuan 13 March 2017
EU Canada Japan Mexico (up to Nov) South Korea Malaysia (up to Oct) EU Canada Russia (up to Nov) Japan Mexico (up to Nov) Russia (up to Nov) South Korea Malaysia (up to Oct) Qty in 1000 Tonnes China + H. Kong United States United States China + H. Kong 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) Main Importers of BEEF Products (up to December) Source : GTA * Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90) 1 600 1 400 1 200 1 000 800 600 400 200 0 No 2103 figures available for : Mexico, Taiwan, Chile,... 2015 (up to December) 2016 (up to December) 13 March 2017
EU Canada Brazil New Zealand (up to Nov) Uruguay (up to Nov) Paraguay Argentina Mexico (up to Nov) EU Brazil New Zealand (up to Nov) Canada Uruguay (up to Nov) Paraguay Argentina Mexico (up to Nov) United States India (up to Nov) Australia United States India (up to Nov) Qty in 1000 Tonnes Australia 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) Main Exporters of BEEF Products (up to December) Source : GTA * Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90) 2 500 2 000 1 500 1 000 500 2015 (up to December) 2016 (up to December) 0 13 March 2017
Jan-13 Mar-13 May-13 Jul-13 Sep-13 Nov-13 Jan-14 Mar-14 May-14 Jul-14 Sep-14 Nov-14 Jan-15 Mar-15 May-15 Jul-15 Sep-15 Nov-15 Jan-16 Mar-16 May-16 Jul-16 Sep-16 Nov-16 Jan-17 /100Kg W O R L D B E E F M A R K E T STEER PRICES EU, US, AUS, NZ World Beef Prices 500 400 300 US : 417.28 EU : 374.51 AUS : 373.86 URU : 349.01 NZ : 341.29 ARG : 326.21 BRA : 285.42 200 100 0 EU BRA URU ARG AUS US NZ 13 March 2017 ECB US AUS UY ARG BR NZ http://sdw.ecb.europa.eu/browse.do?node=2018794 https://www.marketnews.usda.gov/mnp/ls-home http://statistics.mla.com.au/report/runreport/ae59d4ac-74e4-4c56-93bd-982a044d9760 http://www.inac.gub.uy/innovaportal/v/11034/10/innova.front/indicadores-y-precios http://www.abc-consorcio.com.ar/estadisticas/detalle/117/precios_comparativos_del_novillo.html http://www.pecuaria.com.br/cotacoes.php http://www.abc-consorcio.com.ar/estadisticas/detalle/117/precios_comparativos_del_novillo.html
High Quality Beef Import Quotas Hilton Quota Regulation (EU) N 593/2013 Quantity allocated 2013/2014 2014/2015 2015/2016 2016/2017* (Tons) Use Use Use Use 09.4001 Australia 2 250 09.4004 Argentina 200 15.71 7.86% 9.46 4.73% 12.21 6.11% 6.71 3.36% 09.4450 Argentina 29 500 23 663.86 80.22% 22 867.03 77.52% 22 350.61 75.76% 14 875.84 50.43% 09.4451 Australia 7 150 7 138.89 99.84% 6 815.93 95.33% 6 749.85 94.40% 3 061.02 42.81% 09.4452 Uruguay 6 300 6 278.75 99.66% 6 280.98 99.70% 6 249.09 99.19% 4 812.50 76.39% 09.4453 Brazil 10 000 4 078.92 40.79% 7 989.89 79.90% 9 289.17 92.89% 6 846.23 68.46% 09.4454 New Zealand 1 300 1 299.61 99.97% 1 299.45 99.96% 1 299.95 100.00% 747.78 57.52% 09.4002 Canada/US 11 500 431.80 3.75% 353.46 3.07% 292.16 2.54% 352.90 3.07% 09.4455 Paraguay 1 000 0.00% 12.13 1.21% 915.63 91.56% 636.34 63.63% Total Beef 66 750 42 891.83 64.26% 45 618.87 68.34% 47 146.46 70.63% 31 332.61 46.94% Total Buffalo 2 450 15.71 0.64% 9.46 0.39% 12.21 0.50% 6.71 0.27% Total 69 200 42 907.54 62.01% 45 628.33 65.94% 47 158.67 68.15% 31 339.32 45.29% * up to 31/01/2017 13 March 2017
High Quality Beef Import Quotas Quota ergaomnes Regulation (EU) No 481/2012 2013-Q3 2013-Q4 2014-Q1 2014-Q2 TOTAL Period 2013-2014 10 198 942 10 493 437 10 191 527 10 282 860 41 166 765 Available 12 050 000 12 050 000 12 050 000 12 050 000 48 200 000 Use 84.64% 87.08% 84.58% 85.33% 85.41% 2014-Q3 2014-Q4 2015-Q1 2015-Q2 TOTAL Period 2014-2015 11 842 700 11 745 231 11 353 830 12 457 389 47 399 150 Available 12 050 000 12 050 000 12 050 000 12 050 000 48 200 000 Use 98.28% 97.47% 94.22% 103.38% 98.34% Available after transfer 12 050 000 12 257 300 12 562 069 13 258 240 98.28% 95.82% 90.38% 93.96% 2015-Q3 2015-Q4 2016-Q1 2016-Q2 TOTAL Period 2015-2016 11 965 843 11 851 187 11 528 823 12 736 406 48 082 260 Available 12 050 000 12 050 000 12 050 000 12 050 000 48 200 000 Use 99.30% 98.35% 95.67% 105.70% 99.76% Available after transfer 12 050 000 12 134 157 12 332 969 12 854 146 99.30% 97.67% 93.48% 99.08% 2016-Q3 2016-Q4 2017-Q1 2017-Q2 TOTAL Period 2016-2017* 12 092 468 12 197 542 9 885 093-34 175 104 Available 12 050 000 12 050 000 12 050 000 12 050 000 48 200 000 Use 100.35% 101.22% 82.03% 0.00% 70.90% Available after transfer 12 050 000 12 007 532 11 859 989 14 024 896 100.35% 101.58% 83.35% 0.00% * Until 09.03.2017 14 000 000 12 000 000 10 000 000 8 000 000 6 000 000 4 000 000 2 000 000 13 March 2017 - Q3 Q4 Q1 Q2 Period 2014-2015 Period 2015-2016 Period 2016-2017*
Forecast Summary 2015 2016 2017 2018 EU.15 PRODUCTION ( 1000T ) + 2.57% 6 806 + 2.17% 6 953-0.35% 6 929 + 0.00% 6 940 EU.15 CONSUMPTION ( 1000T ) + 1.85% 6 747 + 0.65% 6 791-0.38% 6 765-0.52% 6 730 BALANCE 59 163 164 210 EU.13 PRODUCTION 777 833 838 854 ( 1000T ) + 12.43% + 7.17% + 0.63% + 1.92% EU.13 CONSUMPTION 417 492 476 466 ( 1000T ) - 3.26% + 17.98% - 3.24% - 1.96% BALANCE 360 341 362 388 EU.28 PRODUCTION 7 583 7 786 7 766 7 794 ( 1000T ) + 3.50% + 2.68% - 0.25% + 0.36% EU.28 CONSUMPTION 7 163 7 282 7 240 7 196 ( 1000T ) + 1.54% + 1.66% - 0.58% - 0.61% BALANCE 420 504 526 598 EU - CARCASS PRICES 2015 2016 2017 2018 ADULT MALE BOVINES ( /100 kg ) + 3.5% 386.5-3.98% 371.1 + 1.25% 375.8 + 0.75% 378.6 13 March 2017 COWS ( /100 kg ) Sources : EStat New Cronos, Member States - 1.1% 283.6-5.50% 268.0 + 1.73% 272.6 + 0.51% 274.0
Annex IV
TRENDS IN SALES OF MEAT PRODUCTS A RETAIL PERSPECTIVE Meat Market Observatory 16 March 2017
Belgium Period ending February 2017 Product category price (% change February 2017 vs February 2016) price (% change August 2016 February 2017 vs August 2015 February 2016) Total pigmeat +3% +1,71% Delicatessen (salami, ham, prosciutto, etc) +0,9% +0,86% Processed pork (élaborés de viande) +0,5% +1,13% Total beef and veal +2,1% +0,91% Source: Comeos 2
France Period ending February 2017 Product category volumes (% change year-to-date) volumes (% change Year-to-year) (52 weeks) value (% change year-to-date) value (% change Year-to-year) (52 weeks) Fresh beef* +0,2% -1,4% -1,7% -1,7% Fresh veal* +1,3% -3,2% -0,1% -2,8% Fresh pork* -3,8% -2,2% -3,1% -2,2% Delicatessen (salami, ham, prosciutto, etc) -2,7% -0,9% - - Frozen beef -5,5% -3,7% -5,7% -1,7% Processed (élaborés de viande) 0,5% -0,4% 0,3% -0,3% Source: Kantar Worldpanel * Excluding minced meat and wholesale purchases 3
France Focus on delicatessen in 2016 Value of delicatessen market (mass food retail) : 6,04 Mrd (-0,7%) / volume : -1,8% Retailer brands are losing market share Source: IRI via LSA 4
France 96% of the French consumers claimed that they plan to maintain or increase the consumption of organic products; (Agence BIO survey) 29% of French consumers intend to increase it: 46% of them want to eat more organic beef and veal, 39% want more organic pork, lamb and charcuterie http://www.agencebio.org/sites/default/files/upload/documents/5_communication/relations_presse/dp_bio_barometre_val.pdf 5
Italy: variation of household purchases of meat (volumes, first 9 months of 2016 vs 2015) 0,0% Fresh pork Fresh beef Others -1,0% -2,0% -3,0% -4,0% -5,0% -4,8% -4,7% -6,0% -7,0% -6,9% -8,0% 6 Source: http://www.ismeamercati.it/flex/cm/pages/serveblob.php/l/it/idpagina/7281
7 Italy: Household purchases of fresh beef*