European markets are facing beef shortages

European markets are facing beef shortages.  For more information on export to China, please call SINOLOBEN, service Email: sinoloben@sloben.com

The Politika newspaper reported on April 12 that beef consumption in Serbia fell by a third due to the pre-Easter fast and price increases, but is expected to rebound before the peak tourist season. The market in Europe and the Western Balkans, on the other hand, is facing a serious shortage of fat cattle and other types of beef. Poland, a major breeder of live cattle, has started importing live cattle, which is unprecedented so far. This also means that the price of beef will continue to rise and affect the beef industry in Serbia.

 
The Serbian Association "Agricultural Profit" said that this is a signal that Serbia should continue its beef export business, although the expected beef exports to Albania have not yet materialized because Albanian buyers are trying to keep prices down. The association said the supply of quality fat cattle in Serbia is decreasing, and beef purchases for the tourist season have not yet begun. Breeders of related fat cattle breeds are satisfied with the association's advice to continue to wait while buyers depress prices because they believe the grain export ban will have an impact on their feeding industry. The current cost of feeding live cattle is 2.8 euros per kilogram.
 
The association's regular market surveys show that fat cattle and fattened heifers are becoming scarce in the Western Balkans and Europe, and that live cattle prices have increased from 2.8 to 3.1 euros per kilogram. Large live cattle are still in high demand, with Lebanon, Israel, Libya and Italy being the main buyers. In recent days, Poland, a major exporter of beef and veal, has been importing live cattle from Croatia at a price of 3 euros per kilogram. Buyers who ship live cattle in Croatia to Israel are trying to replicate the same operation in the Montenegrin port of Bar and expect to buy live cattle from Serbia, which has the lowest prices for quality live cattle in the region. The association advised its members to continue to wait and accept only live cattle purchase prices of at least 3 euros per kilogram.

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Ms. Linda Li
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As food importer & food distributor based in Frankfurt and Shanghai, Sinoloben Europa Trading GmbH helps client export to China and bring your food products to International Expo, e.g. China International Import Ex