December 29, 2010

EU beef supplies to decrease by 2011
 
 

Beef supplies across the EU are forecast to fall by about 2% to 7.1 million tonnes in 2011.

Most of the decline in production is evident amongst the major principal suppliers, namely France, Germany, and the UK. Combined output from these countries is expected to fall by just over 2% to 3.56 million tonnes.

Of the other key European suppliers, Spanish output is expected to increase by 3% to 582,000 tonnes, reflecting the recovery in live cattle imports while Polish production is forecast to grow by over 2% to 425,000 tonnes. Since 2007, Polish output has increased by 17%.

A number of Member States expect a stronger trade to international markets next year driven largely by Turkey and Russia. German exports to international markets are forecast to double to 38,000 tonnes while Spain and Italy are also expected to record higher shipments outside of Europe.

Supplies of beef available for consumption are forecast to fall by around 1% to 7.3 million tonnes due to France, Germany and the UK. Thus, there will be some expected increase in retail prices during 2011.