Beef cattle exports to Turkey moved the market and prices

Published 2023년 1월 1일

Tridge summary

The Bulgarian beef cattle sector has received export certificates for small weaned calves and large fattened animals to Turkey, leading to record high beef purchase prices. The market dynamics have been influenced by the quarantine and the high feed prices, with an observed shift from dairy to beef farming. The Hereford breed is particularly valued and is the most numerous in the country. The Covid pandemic has also brought about changes, with herds finding new owners and a consolidation of holdings observed.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Good news for 2022 is that the beef cattle sector in our country received certificates and possible export to Turkey of two technological groups - small weaned calves and large fattened animals. Several depots were identified that collected calves and had quotas, which definitely moved the market. "At the moment there is also interest in heifers. The saga continues, because for the previous two categories, it took us almost three years to negotiate the issuance of these certificates for export to neighboring Turkey," commented Stoyan Chukanov - chairman of the Association for Breeding of Beef Cattle Breeds in Bulgaria - for Agri.BG. Record high purchase prices for beef were reported for the first time this year in the months of May-June, when traders did not bargain. There were deals that had never happened before - BGN 6/kg for fattened animals weighing 600-700 kg. "This was another proof of the invisible hand of the market. Then the new calves were very small, and the farmers ...
Source: Agri

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.