Due to the export ban, the meat market in Serbia is in deep crisis

Published 2020년 9월 2일

Tridge summary

The coronavirus crisis has led to a decrease in meat prices in Serbia, with pork prices dropping by 10% and beef prices falling between 33% and 40% compared to last year. The supply of meat and meat products has surpassed demand, leading to losses for producers. The highest demand for meat, usually in the summer, has declined due to restrictions on exports and a decrease in local and foreign tourists. Serbia has also failed to export 5,000 tons of beef to Turkey and has limited pork supplies to Bosnia and Herzegovina due to African swine fever, further exacerbating the problem.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Serbia, meat prices have fallen sharply, and producers are suffering losses as the corona crisis has led to restrictions on exports and retail sales within the country. The supply of meat and meat products far exceeds the demand. Currently, pork in Serbia is 10% cheaper than a year ago, with beef prices falling from 33% to 40%. The price of meat and poultry meat products also decreased. Zoran Matijevic, owner of Matijevic meat company, one of the country's largest meat producers, says Serbia's highest demand for meat is usually in the summer, which is why prices are rising, but the market is now saturated due to declining exports. sales and insufficient number of local and foreign tourists. "There is no one to sell meat on the domestic market, the supply is growing because exports are limited, prices have fallen," ...
Source: Meatinform

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