Poland: Beef production is down despite record profitability

The increase in cattle purchase prices in the EU is continuing, supported by increased export demand for EU beef in conditions of continued decline in its supply, as analysts from Credit Agricole emphasize in the latest agromap. The EU beef market is shrinking. Why is production falling? However, despite record profitability, production is falling, as the authors of the report add. "This results from structural changes taking place in the EU cattle sector, reflected in the decline in interest in its breeding due to high regulatory uncertainty and increasing problems with succession on farms," the analysts explain. Cattle purchase price forecast Therefore, in the opinion of experts from Credit Agricole, cattle purchase prices in the coming quarters "will remain high, and their variability will be determined mainly by fluctuations in demand in conditions of systematic decline in supply." A risk factor for the sector is cases of bluetongue disease, as the authors of the report add. ...