BEEF & VEAL MARKET SITUATION

44
BEEF & VEAL MARKET SITUATION "Single CMO" Management Committee 21 February 2013

description

BEEF & VEAL MARKET SITUATION. " Single CMO " Management Committee 21 February 2013. 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. 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. P R O D U C T I O N. E.U. E V O L U T I O N - PowerPoint PPT Presentation

Transcript of BEEF & VEAL MARKET SITUATION

Page 1: BEEF   &   VEAL MARKET  SITUATION

BEEF & VEALMARKET SITUATION

"Single CMO" Management Committee 21 February 2013

Page 2: BEEF   &   VEAL MARKET  SITUATION

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P R O D U C T I O N P R O D U C T I O N % E V O L U T I O N

T O N N E S

% E V O L U T I O N

T O N N E S

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

TONNESEU 15 EU 27

Jan-Nov 12/11

-1,5%

-4,3%

-0,5%

-4,8%

Cow

Bullock -11,2%

-3,9%

-0,3%

Meat of bovine

animals-4,1%-3,9%

-4,6% -4,4%Young cattle

Calve

-1,4%

Heifer

Bull -5,1%

-11,2%-3

,4%

+11,

4%

-8,0

%

-4,7

%

-0,9

%

-4,2

%

-10,

4%

-5,7

%

-0,9

%

-5,1

%

-2,9

%

+16,

5%

-4,6

%

-1,9

%

-3,7

%

-5,5

%

-1,7

%

-1,8

%

-1,0

%

-6,9

%

-2,8

%

+0,2

%

-6,5

%

-12,

6%

-1,6

%

-9,3

%

-6,0

%

- 15 %

- 10 %

- 5 %

0%

+ 5 %

+ 10 %

+ 15 %

- 15 %

- 10 %

- 5 %

0%

+ 5 %

+ 10 %

+ 15 %

BE BG CZ DK DE EE IE EL ES FR IT CY LV LT LU HU MT NL AT PL PT RO SI SK FI SE UK

EU : - 4,1%

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P R O D U C T I O N P R O D U C T I O N Abs.Value E V O L U T I O N

T O N N E S

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

T O N N E S

0

100

200

300

400

500

600

700

800

900

1000

1100

1200

1300

1400

1500

B E B G C Z D K D E E E I E E L E S F 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

Youngcattle

Calves

Source : EStat Newcronos 1000 TONNES : Jan-Nov 11 / Jan-Nov 12

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P R O D U C T I O N P R O D U C T I O N E.U. E V O L U T I O N

A D U L T C A T T L E

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

A D U L T C A T T L E

0,000

200,000

400,000

600,000

800,000

1000,000

1200,000

BE BG CZ DK DE EE EI EL ES FR IT CY LV LT LU HU MT NL ÖS PL PT RO SI SK SF SE UK

in T

on

n

Change in Adult Cattle Slaughter(Bulls, Bullocks, Cows & Heifers)

Jan. - Nov 2011 / 2012

Heifers

Cows

Bullocks &Bulls

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P R O D U C T I O N P R O D U C T I O N H I S T O R I C

T O N N E S

H I S T O R I C

T O N N E S

0

100

200

300

400

500

600

700

800

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

1.00

0 T

on

ne

s

2 0 1 0 2 0 1 1 2 0 1 2

Beef & Veal Production (E27 Slaughtering) - Tonnes

Source : EStat-Newcronos

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P R O D U C T I O N P R O D U C T I O N H I S T O R I C

T O N N E S

H I S T O R I C

T O N N E S

550

600

650

700

750

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

1.00

0 To

nne

s

2 0 1 0 2 0 1 1 2 0 1 2

Beef & Veal Production (E27 Slaughtering) - Tonnes

Source : EStat-Newcronos

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P R O D U C T I O N P R O D U C T I O N E.U. E V O L U T I O N

V E A L

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

V E A L

0,000

30,000

60,000

90,000

120,000

150,000

180,000

210,000

BE BG CZ DK DE EE EI EL ES FR IT CY LV LT LU HU MT NL ÖS PL PT RO SI SK SF SE UK

Sla

ug

hte

r in

To

nn

Change in Veal Slaughter(Calves & Young Cattle)

Period: Jan - Nov Year:2011 & 2012

Y. Cattle Calves

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P R O D U C T I O N P R O D U C T I O N HOLDINGS STRUCTURE

O t h e r C o w s

HOLDINGS STRUCTURE

O t h e r C o w s

8,5%5,4%

10,1%

20,7%

55,3%

-4,7%-1,7% -0,3%

-4,5%

+5,2%

-10%

0%

10%

20%

30%

40%

50%

60%

01-19 Hd 20-29 Hd 30-49 Hd 50-99 Hd 100+ HdH O L D I N G S I Z E

O T H E R C O W S ( Bov 2y> )

Share of each Holding Type in Total Heads - 2010

2010 / 07 Heads % Change ( for each holding type )

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P R O D U C T I O N P R O D U C T I O N HOLDINGS STRUCTURE

O t h e r C o w s

HOLDINGS STRUCTURE

O t h e r C o w s

0

1

2

3

4

5

6

7

2007

01-1

9 H

d 2

010

2007

20-2

9 H

d 2

010

2007

30-4

9 H

d 2

010

2007

50-9

9 H

d 2

010

2007

100+

Hd

201

0

T O

T A

L

H E

A D

S

( in

Mill

ion

)

T O T A L O T H E R C O W S ( by Holding Type )

E12

E15* (UK missing)

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P R O D U C T I O N P R O D U C T I O N HOLDINGS STRUCTURE

D a i r y C o w s

HOLDINGS STRUCTURE

D a i r y C o w s

12,4%

4,1%8,0%

17,8%

57,6%

-31,8%

-13,2%-8,0%

-11,9%

+12,1%

-40%

-30%

-20%

-10%

0%

10%

20%

30%

40%

50%

60%

70%

01-19 Hd 20-29 Hd 30-49 Hd 50-99 Hd 100+ HdH O L D I N G S I Z E

D A I R Y C O W S ( Bov 2y> )

Share of each Holding Type in Total Heads - 2010

2010 / 07 Heads % Change ( for each holding type )

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P R O D U C T I O N P R O D U C T I O N HOLDINGS STRUCTURE

D a i r y C o w s

HOLDINGS STRUCTURE

D a i r y C o w s

0

2

4

6

8

10

12

14

2007

01-1

9 H

d 2

010

2007

20-2

9 H

d 2

010

2007

30-4

9 H

d 2

010

2007

50-9

9 H

d 2

010

2007

100+

Hd

201

0

T O

T A

L

H E

A D

S

( in

Mill

ion

)

D A I R Y C O W S ( by Holding Type )

E12

E15* (UK missing)

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P R O D U C T I O N P R O D U C T I O N HOLDINGS STRUCTURE

B o v i n e s < 1y

HOLDINGS STRUCTURE

B o v i n e s < 1y

8,3%3,8%

7,2%

16,1%

64,8%

-21,6%

-7,6%-2,6%

-5,5%

+7,8%

-30%

-20%

-10%

0%

10%

20%

30%

40%

50%

60%

70%

01-19 Hd 20-29 Hd 30-49 Hd 50-99 Hd 100+ HdH O L D I N G S I Z E

B O V I N E S ( < 1y )

Share of each Holding Type in Total Heads - 2010

2010 / 07 Heads % Change ( for each holding type )

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P R O D U C T I O N P R O D U C T I O N HOLDINGS STRUCTURE

B o v i n e s < 1y

HOLDINGS STRUCTURE

B o v i n e s < 1y

0

2

4

6

8

10

12

14

16

2007

01-1

9 H

d 2

010

2007

20-2

9 H

d 2

010

2007

30-4

9 H

d 2

010

2007

50-9

9 H

d 2

010

2007

100+

Hd

201

0

T O

T A

L

H E

A D

S

( in

Mill

ion

)

B O V I N E S ( < 1y ) ( by Holding Type )

E12

E15* (UK missing)

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P R O D U C T I O N P R O D U C T I O N HOLDINGS STRUCTURE

B o v i n e s 1y < 2y

HOLDINGS STRUCTURE

B o v i n e s 1y < 2y

8,9%4,3%

7,9%

17,4%

61,5%

-15,6%

-6,9%-3,8%

-10,0%

+6,4%

-20%

-10%

0%

10%

20%

30%

40%

50%

60%

70%

01-19 Hd 20-29 Hd 30-49 Hd 50-99 Hd 100+ HdH O L D I N G S I Z E

B O V I N E S ( 1y < 2y )

Share of each Holding Type in Total Heads - 2010

2010 / 07 Heads % Change ( for each holding type )

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P R O D U C T I O N P R O D U C T I O N HOLDINGS STRUCTURE

B o v i n e s 1y < 2y

HOLDINGS STRUCTURE

B o v i n e s 1y < 2y

0

2

4

6

8

10

12

2007

01-1

9 H

d 2

010

2007

20-2

9 H

d 2

010

2007

30-4

9 H

d 2

010

2007

50-9

9 H

d 2

010

2007

100+

Hd

201

0

T O

T A

L

H E

A D

S

( in

Mill

ion

)

B O V I N E S ( 1y < 2y ) ( by Holding Type )

E12

E15* (UK missing)

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

All CAT GLOBAL VIEW

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

All CAT GLOBAL VIEW

P R I C E S C A R C A S S E S P R I C E S C A R C A S S E S

200

250

300

350

400

450

2007 2008 2009 2010 2011 2012 2013

A R3

C R3

D O3

E R3

Source : Member StatesLast Update : Week 06 - 2013

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P R I C E S C A R C A S S E S P R I C E S C A R C A S S E S

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

Y O U N G B U L L – A.R3

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

Y O U N G B U L L – A.R3

393,66 396,73% change y/y : + 2,9% % change y/y : + 3,9%

Price in week 06 : Average price in January 2013 :

300

320

340

360

380

400

420

300

320

340

360

380

400

420

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

2006-2010 Avg 2011 2012 2013

Source : Member States A - R 3 > Wk.06-2013

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

S T E E R – C.R3

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

S T E E R – C.R3

P R I C E S C A R C A S S E S P R I C E S C A R C A S S E S

413,47 416,48% change y/y : + 6,9% % change y/y : + 6,7%

Price in week 06 : Average price in January 2013 :

280

300

320

340

360

380

400

420

440

280

300

320

340

360

380

400

420

440

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

2006-2010 Avg 2011 2012 2013

Source : Member States C - R 3 > Wk.06-2013

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

A / C . R3

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

A / C . R3

P R I C E S C A R C A S S E S P R I C E S C A R C A S S E S

397,17 399,47% change y/y : + 3,6% % change y/y : + 4,4%

178,6%% Ref. Price in wk 6 :

Price in week 06 : Average price in January 2013 :

289,1

311,4

333,6

355,8

378,1

400,3

422,6

130%

140%

150%

160%

170%

180%

190%

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

€/100 kg cwe

2006-2010 Avg 2011 2012 2013

% of Reference Price

Source : Member States AC - R 3 > Wk.06-2013

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

C O W – D.O3

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

C O W – D.O3

P R I C E S C A R C A S S E S P R I C E S C A R C A S S E S

318,11 312,70% change y/y : + 7,4% % change y/y : + 9,1%

Price in week 06 : Average price in January 2013 :

210

230

250

270

290

310

330

210

230

250

270

290

310

330

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

2006-2010 Avg 2011 2012 2013

Source : Member States D - O 3 > Wk.06-2013

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

H E I F E R – E.R3

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

H E I F E R – E.R3

P R I C E S C A R C A S S E S P R I C E S C A R C A S S E S

407,78 407,81% change y/y : + 7,1% % change y/y : + 7,8%

Price in week 06 : Average price in January 2013 :

300

320

340

360

380

400

420

300

320

340

360

380

400

420

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

2006-2010 Avg 2011 2012 2013

Source : Member States E - R 3 > Wk.06-2013

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

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

MALE STORE CATTLE

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

MALE STORE CATTLE

P R I C E S L I V E B O V I N E S P R I C E S L I V E B O V I N E S

247,74 247,42% change y/y : - 1,7% % change y/y : + 1,0%

Price in week 06 : Average price in January 2013 :

200

210

220

230

240

250

260

270

200

210

220

230

240

250

260

270

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

2006-2010 Avg 2011 2012 2013

Source : Member BROUT > Wk.06-2013

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

P R I C E S L I V E B O V I N E S P R I C E S L I V E B O V I N E S

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

Male Calves – 8D4W

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

Male Calves – 8D4W

196,95 200,90% change y/y : - 11,0% % change y/y : - 8,6%

Price in week 06 : Average price in January 2013 :

160

180

200

220

240

260

280

160

180

200

220

240

260

280

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

2006-2010 Avg 2011 2012 2013

Source : Member 8D4W > Wk.06-2013

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

P R I C E S L I V E B O V I N E S P R I C E S L I V E B O V I N E S

E V O L U T I O N

Male DAIRY Calves – 8D4W

E V O L U T I O N

Male DAIRY Calves – 8D4W

0

50

100

150

200

250

300

350

400

0

50

100

150

200

250

300

350

400

€/ H

ead

€/ H

ead

DE - SCHWARZBUNTE DE - BRAUNVIEH ES - TIPO FRISON

FR - MALES-ENGRAISSEMENT IE - DAIRY MALE IT - MALES-LAITIERS-VITELLI

NL - ROODBONT-NUKAS NL - ZWARTBONT-NUKAS UK - DAIRY BULLS

2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 3 > W6

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

P R I C E S L I V E B O V I N E S P R I C E S L I V E B O V I N E S

E V O L U T I O N

Male BEEF Calves – 8D4W

E V O L U T I O N

Male BEEF Calves – 8D4W

100

200

300

400

500

600

700

100

200

300

400

500

600

700

€/ H

ead

€/ H

ead

DE - FLECKVIEH DE - KREUZUNGSKALBER ES - TIPO CRUZADO FR - MALES-ELEVAGE

IE - BEEF MALE IT - MALES-BOUCHERIE NL - VLEESRAS--NUKAS UK - BEEF BULLS

2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 3 > W6

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Butcher calves (€/100 kg cw)

P R I C E S L I V E B O V I N E S P R I C E S L I V E B O V I N E S

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

Butcher Calves

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

Butcher Calves

582,08 580,77% change y/y : + 4,4% % change y/y : + 2,7%

Price in week 06 : Average price in January 2013 :

460

480

500

520

540

560

580

600

460

480

500

520

540

560

580

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

2006-2010 Avg 2011 2012 2013

Source : Member BOUCH > Wk.06-2013

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Butcher calves (€/100 kg cw)

P R I C E S L I V E B O V I N E S P R I C E S L I V E B O V I N E S

E V O L U T I O N

Butcher Calves by MS

E V O L U T I O N

Butcher Calves by MS

350

400

450

500

550

600

650

700

350

400

450

500

550

600

650

700

€/ 1

00 k

g ca

rcas

e

€/ 1

00 k

g ca

rcas

se

BE - VEAUX BLANCS E,U,R FR - VEAUX DE BOUCHERIE IT - CARNE BIANCA NL - VLEESKALF-ROOD NL - VLEESKALF-ZWART

2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 3 > W6

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M A R G I N M A R G I N E.U. E V O L U T I O N

Animal + Feed Purchase COST

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

Animal + Feed Purchase COST

0

50

100

150

200

250

300

350

400

450

0

100

200

300

400

| 2008 | 2009 | 2010 | 2011 | 2012 |

€u

ro/

he

ad

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

Remainder Young Bulls A.R 3 Extra gain of FCR between 7- 6 Feedcost x*7

Feed conversion rate: (FCR) 7 or 6 kg feed = 1kg live weight.Feed ration: 40% compound feed (energy + proteine), 15% barley, 15% maize, 20% wheat, 10% straw Carcase yield: 0.57

0

50

100

150

200

250

300

350

400

450

0

100

200

300

400

| 2008 | 2009 | 2010 | 2011 | 2012 |

€u

ro/

he

ad

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

Remainder Young Bulls A.R 3 Extra gain of FCR between 7- 6 Feedcost x*7

Feed conversion rate: (FCR) 7 or 6 kg feed = 1kg live weight.Feed ration: 40% compound feed (energy + proteine), 15% barley, 15% maize, 20% wheat, 10% straw Carcase yield: 0.57

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M A R G I N M A R G I N E.U. E V O L U T I O N

Animal + Feed Purchase COST

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

Animal + Feed Purchase COST

0

100

200

300

400

500

0

100

200

300

400

500

| 2008 | 2009 | 2010 | 2011 | 2012 |

€u

ro/

he

ad

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

Remainder Young Bulls A.R 3 Extra gain of FCR between 7- 6 Feedcost x*7

Feed conversion rate: (FCR) 7 or 6 kg feed = 1kg live weight.Feed ration: 62,7% fodder (silage maize), 18,6% grains (maize + wheat, 13,3% soja cake, 5,3% straw Carcase yield: 0.57

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

DestinationsDestinations

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

Beef & Live Animals

E.U. E X P O R T S

Beef & Live Animals

Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Dec 11

Turkey 204 0.1% 571 0.2% 71 029 14.6% 166 753 26.2% 100 742 19.4% - 39.6%

Russia 102 347 35.1% 50 881 20.4% 135 991 27.9% 138 910 21.8% 98 433 19.0% - 29.1%

Lebanon 5 619 1.9% 7 838 3.1% 33 815 6.9% 23 275 3.7% 24 100 4.6% + 3.5%

Croatia 19 917 6.8% 25 126 10.1% 23 159 4.8% 24 986 3.9% 21 981 4.2% - 12.0%

Switzerland 25 968 8.9% 19 072 7.7% 22 352 4.6% 26 432 4.2% 19 570 3.8% - 26.0%

Algeria 1 689 0.6% 6 681 2.7% 16 259 3.3% 17 970 2.8% 17 324 3.3% - 3.6%

Other Destinations 126 887 43.5% 125 591 50.4% 210 237 43.2% 237 971 37.4% 225 476 43.5% - 3.7%

EXTRA EU 25/27 291 601 249 165 486 621 636 480 518 880

% change - 15% + 95% + 31% - 18.5%

2008 2009 2010 Jan-Dec 122011

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

253 621

646 693432 642

276 691

365 099

290 267

521 504

663 857

721 6181 250 827

1 947 853

1 696 695

0

500 000

1 000 000

1 500 000

2 000 000

2 500 000

Jan-Dec 10 Jan-Dec 11 Jan-Dec 12

1,000 EUR

EU EXPORTS of Beef & Veal (1000 EUR)

Turkey Russia Ghana Hong Kong Switzerland Croatia Other destinations

166 753100 742

135 991

138 910

98 433

188 714

234 144

225 476

486 621

636 480

518 880

0

100 000

200 000

300 000

400 000

500 000

600 000

700 000

Jan-Dec 10 Jan-Dec 11 Jan-Dec 12

Tonnes c

w

EU EXPORTS of Beef & Veal (Tonnes cwe)

Turkey Russia Ghana Lebanon Switzerland Croatia Other destinations

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

Beef & Live Animals

E.U. E X P O R T S

Beef & Live Animals

Page 32: BEEF   &   VEAL MARKET  SITUATION

32

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

in Tonnes cwe

Exports of BEEF products

LIVE ANIMALS FRESH FROZEN PREPARED OTHERS

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

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

E.U. E X P O R T S

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

Page 33: BEEF   &   VEAL MARKET  SITUATION

33

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

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

B e e f t o T U R K E Y

E.U. E X P O R T S

B e e f t o T U R K E YJa

n 1

0

Feb

10

Ma

r 1

0

Ap

r 10

Ma

y 1

0

Ju

n 1

0

Ju

l 1

0

Au

g 1

0

Se

p 1

0

Oct

10

No

v 1

0

De

c 1

0

Ja

n 1

1

Feb

11

Ma

r 1

1

Ap

r 11

Ma

y 1

1

Ju

n 1

1

Ju

l 1

1

Au

g 1

1

Se

p 1

1

Oct

11

No

v 1

1

De

c 1

1

Ja

n 1

2

Feb

12

Ma

r 1

2

Ap

r 12

Ma

y 1

2

Ju

n 1

2

Ju

l 1

2

Au

g 1

2

Se

p 1

2

Oct

12

No

v 1

2

De

c 1

2

Fresh Bovine "Compensated" quarters

Fresh Bovine (un)-separated Forequarters

Fresh Bovine (un)-separated Hindquarters

Frozen Bovine "Compensated" quarters

Live Animals

TOTAL

Page 34: BEEF   &   VEAL MARKET  SITUATION

34

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

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

B e e f t o R U S S I A

E.U. E X P O R T S

B e e f t o R U S S I A

0

2 000

4 000

6 000

8 000

10 000

12 000

14 000

16 000

18 000

20 000

22 000

24 000

Jan 1

0

Fe

b 1

0

Ma

r 10

Ap

r 1

0

Ma

y 1

0

Jun 1

0

Jul 1

0

Au

g 1

0

Se

p 1

0

Oct 1

0

No

v 1

0

De

c 1

0

Jan 1

1

Fe

b 1

1

Ma

r 11

Ap

r 1

1

Ma

y 1

1

Jun 1

1

Jul 1

1

Au

g 1

1

Se

p 1

1

Oct 1

1

No

v 1

1

De

c 1

1

Jan 1

2

Fe

b 1

2

Ma

r 12

Ap

r 1

2

Ma

y 1

2

Jun 1

2

Jul 1

2

Au

g 1

2

Se

p 1

2

Oct 1

2

No

v 1

2

De

c 1

2

Live animals

Fresh Bovine meat

Frozen Bovine meat

Beef Offals

TOTAL

Page 35: BEEF   &   VEAL MARKET  SITUATION

35

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

OriginsOrigins

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

Beef & Live Animals

E.U. I M P O R T S

Beef & Live Animals

Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Dec 11

Brazil 171 454 43.4% 149 007 34.6% 144 858 38.2% 125 872 38.9% 126 227 41.2% + 0.3%

Uruguay 66 402 16.8% 79 144 18.4% 66 189 17.5% 51 449 15.9% 51 786 16.9% + 0.7%

Argentina 92 924 23.5% 122 494 28.4% 79 532 21.0% 62 704 19.4% 51 601 16.8% - 17.7%

Australia 12 957 3.3% 16 937 3.9% 13 627 3.6% 18 081 5.6% 21 135 6.9% + 16.9%

USA 6 547 1.7% 9 609 2.2% 15 308 4.0% 22 954 7.1% 20 776 6.8% - 9.5%

New Zealand 12 455 3.2% 15 783 3.7% 13 671 3.6% 15 427 4.8% 15 161 4.9% - 1.7%

Namibia 10 348 2.6% 12 457 2.9% 13 571 3.6% 9 005 2.8% 8 720 2.8% - 3.2%

Switzerland 2 919 0.7% 4 394 1.0% 4 461 1.2% 5 661 1.7% 4 964 1.6% - 12.3%

Chile 2 550 0.6% 3 158 0.7% 2 441 0.6% 2 254 0.7% 1 710 0.6% - 24.1%

Serbia 1 784 0.5% 990 0.2% 1 127 0.3% 785 0.2% 639 0.2% - 18.6%

Botswana 10 395 2.6% 11 452 2.7% 15 763 4.2% 980 0.3% 474 0.2% - 93.8%

EXTRA EU 25/27395 063 431 182 379 145 323 654 306 675

% change + 9% - 12% - 15% - 5.2%

2008 2009 2010 Jan-Dec 122011

Page 36: BEEF   &   VEAL MARKET  SITUATION

36

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

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

Beef & Live Animals

E.U. I M P O R T S

Beef & Live Animals

144 858 125 872 126 227

79 53262 704 51 601

66 189

51 449 51 786

59 630

42 59235 149

379 145

323 654306 675

0

50 000

100 000

150 000

200 000

250 000

300 000

350 000

400 000

Jan-Dec 10 Jan-Dec 11 Jan-Dec 12

InTonnes

cwe

IMPORTS of Beef & Veal into EU (Tonnes cwe)

Brazil Argentina Uruguay USA Australia Other destinations

486 086 550 100 568 195

470 457467 431 421 779

265 418276 366 283 347

84 945134 218 156 941

248 198

234 943 194 8151 623 613

1 762 105 1 741 652

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 10 Jan-Dec 11 Jan-Dec 12

in 1000EUR

IMPORTS of Beef & Veal into EU (1000 EUR)

Brazil Argentina Uruguay USA Australia Other destinations

Page 37: BEEF   &   VEAL MARKET  SITUATION

37

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

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

E.U. I M P O R T S

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

0

10 000

20 000

30 000

40 000

50 000

60 000

|Jan06

2006 |Jan07

2007 |Jan08

2008 |Jan09

2009 |Jan10

2010 |Jan11

2011 |Jan12

2012

in Tonnes cwe

Imports of BEEF products

FRESH FROZEN PREPARED OTHERS

Page 38: BEEF   &   VEAL MARKET  SITUATION

38

452403

446401

436 429398

491 513 529565

513556

395431

379323

228

1 263

1 1711 120

825

1 028

736

598 598

481455

352

292248

292249

485

635

392

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 Jan-Sep12

1000 Tonne

IMPORTS EXPORTS

Trade balance on beef and live animals

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

Beef & Live Animals

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

Beef & Live Animals

452403

446401

436 429398

491 513 529565

513556

395431

379324 307

1 263

1 1711 120

825

1 028

736

598 598

481455

352

292248

292249

487

636

519

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 Jan-Dec12

1000 Tonne

IMPORTS EXPORTS

Page 39: BEEF   &   VEAL MARKET  SITUATION

39

65,0

90,0

115,0

140,0

165,0

190,0

I 2008 I 2009 I 2010 I 2011 I 2012 I 2013 |

Index of monthly exchange rates of the main trading partners compared to the €uro

notification on the 1st of the monthJanuary 2001 = 100

Real US$ Ruble AUS$ CDN$

W O R L DB E E F M A R K E TW O R L DB E E F M A R K E T

EXCHANGE RATE INDEX / Euro

Main Trading Partners

EXCHANGE RATE INDEX / Euro

Main Trading Partners

Page 40: BEEF   &   VEAL MARKET  SITUATION

40

W O R L DB E E F M A R K E TW O R L DB E E F M A R K E T

E.U. I M P O R T S

BEEF MAIN IMPORTERS

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)

Un

ited

Sta

tes

Un

ited

Sta

tes

Au

str

ali

a

Au

str

ali

a

Bra

zil

Bra

zil

Ind

ia (u

p t

o N

ov 1

2)

Ind

ia (u

p t

o N

ov 1

2)

New

Zeala

nd

New

Zeala

nd

Can

ad

a

Can

ad

a

EU

EU

Uru

gu

ay (

up

to

No

v 1

2)

Uru

gu

ay (

up

to

No

v 1

2)

Arg

en

tin

a

Arg

en

tin

a

Para

gu

ay

Para

gu

ay

Mexi

co

(u

p t

o N

ov 1

2)

Mexi

co

(u

p t

o N

ov 1

2)

0

200

400

600

800

1 000

1 200

1 400

1 600

1 800

2 000

2011 (up to December) 2012 (up to December)

Qty in 1000 Tonnes

Main Exporters of BEEF Products (up to December)

Page 41: BEEF   &   VEAL MARKET  SITUATION

41

W O R L DB E E F M A R K E TW O R L DB E E F M A R K E T

E.U. E X P O R T S

BEEF MAIN EXPORTERS

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)

* EU was the 7th biggest importer of Beef products in 2011

Un

ited

Sta

tes

Un

ited

Sta

tes

Ru

ssia

Ru

ssia

Ch

ina +

H.

Ko

ng

Ch

ina +

H.

Ko

ng

Jap

an

Jap

an

Mexi

co

(u

p t

o N

ov 1

2)

Mexi

co

(u

p t

o N

ov 1

2)

So

uth

Ko

rea

So

uth

Ko

rea

EU

EU

Can

ad

a

Can

ad

a

Tu

rkey

Tu

rkey

0

100

200

300

400

500

600

700

800

900

1 000

1 100

2011 (up to December) 2012 (up to December)

Qty in 1000 Tonnes .

Main Importers of BEEF Products (up to December)

Page 42: BEEF   &   VEAL MARKET  SITUATION

42

W O R L DB E E F M A R K E TW O R L DB E E F M A R K E T

Adult Male Bovine PRICESAdult Male Bovine PRICES

100,0

150,0

200,0

250,0

300,0

350,0

| Year 2009 | Year 2010 | Year 2011 | Year 2012 |

€uro

/ 10

0kg

Market prices for Adult Male Bovine in Brazil (Pecuaria.com.br), Argentina (Oncca/ abc Consort), USA and EU

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

Novillos Export (Oncca Argentina) US Beef Omaha Carc (USDA)

(abc-consort) Argentina Novillo

Page 43: BEEF   &   VEAL MARKET  SITUATION

43

W O R L DB E E F M A R K E TW O R L DB E E F M A R K E T

Weekly STEER PRICES

US & EU

Weekly STEER PRICES

US & EU

100,0

150,0

200,0

250,0

300,0

350,0

400,0

| 10 | 11 | 12 | 13 |

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

Steers 550-700lb Omaha (Nebraska) Feeder Steer 600-700lb Oklahoma CityEU Beef C R3 Steers 1050 - 1200lb Okla/ TexCanada: All Steers (agr,gc,ca) Australia: All SteersNew Zeal. Avg steers T2 NI & SI

Page 44: BEEF   &   VEAL MARKET  SITUATION

44

S H O R T T E R MF O R E C A S TS H O R T T E R MF O R E C A S T

P R O D U C T I O NC O N S U M P T I O N

P R I C E S

P R O D U C T I O NC O N S U M P T I O N

P R I C E S

2009 2010 2011 2012 2013

BALANCE - 333 - 197 - 99 - 211 - 204

EU - CARCASS PRICES 2009 2010 2011 2012 2013

Sources : EStat New Cronos, Member States

( 1000T )EU.15 PRODUCTION

( 1000T )EU.15 CONSUMPTION

267,6 311,4- 0,7%

6 982

309,3

383,4

7 186

( €/100 kg )312,8

226,8 230,7

ADULT MALE BOVINES

COWS( €/100 kg )

313,9

- 0,6%- 1,2%

7 273 7 213

7 2267 470

7 066

7 399

- 0,2%

- 2,2% + 2,9%

347,4 384,1+ 11,0% + 10,6%

- 0,5%

7 313

7 015- 0,8% - 2,7%

+ 16,4%+ 16,0%- 5,3%

+ 1,0%- 0,6%

- 0,9% - 0,3%

- 2,1%

+ 1,7%