France: Decline in beef supply stabilizes prices

Published 2023년 5월 19일

Tridge summary

The agricultural news article for the week of May 19, 2023, reports on the current state of the beef cattle market, which is experiencing a decrease in seasonal supply due to favorable weather conditions for grass growth. Breeders are withholding from selling, leading to stable prices for high-quality female beef cattle and Charolais R conformation. However, the trade is facing pressure due to limited supplies and shrinking demand.

Dairy manufacturers are struggling with negotiations for lower prices from the downstream sector and the challenge of scarce supplies. Prices are stabilizing for Holsteins, Normandes, and Montbéliardes, and tariffs are being rolled over in reform bulls.

The French slaughterers are facing challenges due to the saturated Italian market with low-priced EU meat and sluggish German demand. The French market is also declining, causing concern for fatteners. The article provides expert advice on expecting prices to hold for high-beef females, but trade will remain under pressure in Charolais and secondary-choice sucklers, manufacturers will keep pressure on prices, demand will remain sluggish with more controversial prices for young cattle.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Beef cattle – On markets and in slaughterhouses, the seasonal supply is down with very favorable weather conditions for grass growth. Breeders are not rushing to sell, and above all they are waiting for the return of the sun to resume seasonal work. The supply/demand balance allows prices to be held in good butcher quality females, despite shrinking demand. The seasonal modesty of the supply allows prices to be held in Charolais R conformation. In secondary choice livestock, the lean season before the outings of grassland animals limit outings. The trade nevertheless remains very calm with stable prices for all entry-level animals. Dairy reforms – Manufacturers remain in an uncomfortable position, between complicated negotiations with the downstream sector which is demanding lower prices and scarce supplies in the countryside. Transactions remain calm, but prices are stabilizing in Holsteins, Normandes and Montbéliardes. Tariffs are also rolled over in reform bulls. Young cattle – ...
Source: Pleinchamp

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