Demand for red meat is growing: how catarrhal fever in the EU affected Ukrainian beef exports

Published 2024년 11월 22일

Tridge summary

The demand for red meat is on the rise due to food companies stockpiling beef for the New Year holidays and a disease outbreak in EU cattle herds limiting the supply. Despite a decrease in beef supplies, demand remains high in the USA, and Australia and New Zealand are competing for market shares. Ukraine has increased its exports of live weight cattle and frozen beef, while reducing imports of chilled and frozen beef. The balance of foreign trade in cattle and beef in October was positive, showing a surplus of 11.97 million dollars.

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Original content

The demand for red meat in the world has increased against the background of food industry enterprises preparing for the New Year holidays and limiting the supply of goods on export markets due to an outbreak of catarrhal fever in cattle herds in the EU, - reports the analyst of the Association of Milk Producers Giorgiy Kukhaleishvili. According to preliminary data of the DSSU, in October 2024, Ukraine exported 2.4 thousand tons of cattle by live weight, which is 14% more compared to September 2024 and 71% more compared to October 2023. Revenue from delivered animals amounted to 5.07 million dollars. and increased by 13% compared to September 2024 and by 81% compared to October last year. In January-October 2024, Ukraine exported 12.85 thousand tons of cattle (-20%) in the amount of 24.32 million dollars. (-0.4%). In October 2024, Ukrainian exporters supplied foreign markets with about 1 ton of fresh or chilled beef worth 7 thousand. dollars Natural volumes of exports decreased by ...

Source: Agravery