New heights for beef prices on the world market
U.S. beef prices by € 5 per kg slaughter weight and rising even pampered Europeans can sit up. Yet in 2009 just paid €2 per kg. Then came the rise in beef prices, which gave courses in the magnitude of 3.50 to €4 per kg in Europe.
The EU prices consolidated back in the range between 3.5 to €4 per kg, while plunged in the United States in the course of the year 2014 the prices further upwards and has now exceeded the €5 per kg mark. The United States has become a net importer of beef.
The Brazilian and Argentine beef prices rose immediately. The price mark is but with around €3 per kg of considerably more modest.
The causes of this trend are both on the supply as demand-side to look for. In the United States have longer-lasting droughts in the pasture breeding areas in the last two years to run the a drastic reduction of meat cattle. High feed costs in the feedlots have contributed to a reduction of in beef production. The resulting deficit was trying to fill up with imports from Australia and the South America.
PEDv-disease in pigs, the tougher the scarce supply situation to U.S. red meat market. Precisely during the barbecue season in summer 2014 enough pork, beef and lacked. While U.S. pork prices in the fall and again indulged, the beef prices rose further. The evaluation of the supply numbers for the rest of this and follow-up throughout the year 2015 can expect a continued tight supply situation in the beef and veal sector. Stock quotes aim at the magnitude of just €6 per kg for the coming year.
A growing consumption of in emerging marketsis on the demand side. With rising incomes, the growing middle and upper classes, höherveredelte foods are consumed. Driving force is China, which is with its purchasing power in a position to withdraw large amounts from the beef trade increasingly.
Brazilian farmers invest in beef production. To an increasing extent, feed for the dry pasture periods be ensiled a. Power feed is used in the final fattening phase increasingly, the battle weights to increase and maintain a better marbled meat. With a doubling of the Brazilian beef production is expected in the next 10 years.
The beef meat production in the EU is a coupling product of dairy farming. After a few years of a net import situation, beef is running again on a small scale. The upcoming quota abolition but no longer reaches led to a slight increase of the cow and beef stock the high level of earlier decades. The increased milk yield per cow is sufficient to secure the milk production.
