Ukraine: An active increase in cattle carcass prices is observed in February

This is the second wave of price strengthening since the start of the full-scale war, when in the spring of 2022, purchase prices for live cattle fell sharply, by almost 30-40% (depending on the region) and remained low until August. Since beef production is mainly an export-oriented industry, the blocking of ports was a strong blow to the market, reports UKAB. The first increase in prices was observed at the beginning of autumn last year, as the pre-war volumes of export deliveries had already been established, which provoked a gradual increase in demand and activation of the market. In addition, macro-financial indicators (inflation rate) also affect the cost of products. Currently, prices are also rising, which is caused by the following factors: 1) Export activation. In January, 1.11 thousand tons were exported, which is 1% less than last year. Beef exports in January have pre-war supply volumes and are gradually increasing in February. The export of live cattle also ...