EU: Beef cattle trends in December 2023

European context EU production is expected to decline for 2023 (-5% in the first 9 months on an annual basis), confirming the negative trend of the last ones four years. The low availability of mature cattle keeps high the tension on prices in the European market also in the second half of 2023. Production situation in Italy Production in sharp decline in the first 9 months of 2023. I BDN slaughter data highlight a 7% decrease in the number of animals compared to..., while Istat hypothesizes a much greater loss in terms of produced meat. The decline in imports of rystals from France in Furthermore, the period July August 2023 suggests a reduction of the supply of fattened veal in Italy in the coming months. Price trendThe prices of veal at the end of the year remain at levels high and tending upwards (+3% in November compared to the same month of last year Reductions and levels lower than last year, however, yes occur for adult animals and their meat due to the ...