EU

EU livestock exports increased during H1 2018

Livestock

Turkey, Libya, Lebanon and Israel have remained traditional markets for cattle exports.

Posted on Oct 05 ,14:34

EU livestock exports increased during H1 2018

In the first half of the year, EU's bovine exports were 11% higher than a year ago, with Turkey absorbing almost one-third of the cattle exports. Nevertheless, the country's livestock imports are expected to decrease in the second half of 2018 and at the start of 2019 due to macroeconomic situation in Turkey, according to a recent outlook released by the European Commission.
Libya, Lebanon and Israel remained traditional markets for European exporters and recently Algeria, Morocco and Tunisia increased their imports.
Meanwhile, according to the May-June 2018 livestock survey, the total cow herd in EU's key beef producing countries was 0.6% smaller than a year before. Spain, Sweden, Netherlands and Italy are the only countries that continued to expand their herds.
The EU net beef production is expected to increase by 1.6% this year and to stagnate in 2019, low prices discouraging producers to expand their business. Downward pressure on prices is to be expected in the near future due to ample domestic and world supply and higher EU imports.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

BRAZIL

JBS is the first company authorized by NPA to operate a biodiesel refueling point in Brazil

Biopower has just begun operating Brazil's first 100% biodiesel (B100) refueling point. The compa...


Read more Read more
EU

Avian influenza: post-vaccination surveillance key for safe movement of birds

EFSA was asked to give a comprehensive overview of effective surveillance options and risk reduct...


Read more Read more
SCOTLAND

QMS: How Monitor Farmers stay strong in challenging times

"Today is a yellow weather warning with snow falling in Perthshire,” says Beth Alexander, Q...


Read more Read more
Websolutions by Angular Software and SpiderClass