Reduction in the number of cattle in the EU: causes and consequences

Reduction in the number of cattle in the EU: causes and consequences
Photo is illustrative in nature. From open sources.

In the European Union, pastoralists are facing serious problems associated with a reduction in the number of cattle for the fifth year in a row. This is due to several factors, including high production costs, falling MILK prices and new regulations that limit the ability of farms raising dairy or finishing animals.

According to the European Commission's market outlook report, this trend will continue into next year. The livestock sector faces changes in regulations that make it difficult to do business, limit investment and reduce sales opportunities.

Although a recovery in cattle exports was seen in 2022, particularly to Turkey, analysts predict that future EU animal welfare and transport legislation will significantly reduce live cattle exports . This will lead to a further reduction in the number of livestock and, as a result, a decrease in the number of slaughtered heads.

High beef prices will continue as further reductions in the herd are expected . This will limit the supply of retail, foodservice and imports, particularly for high-quality beef. The reduction in domestic supply will also reduce exports from the EU.

Livestock farmers will continue to face high production costs, especially given high feed prices, which will impact their profitability. Perhaps buyers will turn to poultry MEAT more often due to its lower price.

Overall, the decline in EU cattle numbers has serious implications for cattle farmers and the beef market. A sustainable solution to the problem requires a comprehensive approach that includes developing effective strategies to improve livestock welfare, reduce production costs and find new markets.


 

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