Bulgaria: A new influx of cattle to slaughterhouses if milk is bought below 80 st./l

Published 2023년 4월 20일

Tridge summary

The prices of beef and veal have remained high, around BGN 6.50/kg, the first two months of the year, marking a 22% increase from the previous year. The prices are not expected to drop below BGN 5/kg, the price from a year ago. The amount of beef and veal produced in 2022 was 7.02 thousand tons, a 1% decrease from the previous year, with expectations for a larger decrease in 2023. Pork prices also reached record high levels, with a 47% increase compared to the same period in 2022, making them the highest in the EU. Chicken meat production in 2022 was slightly below the previous year's at 91 thousand tons, but expectations are for stronger production in 2023, potential avian flu outbreaks in Europe could increase prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

During the first two months of this year, the prices per ton of slaughter weight of beef and veal remained at levels of around BGN 6.50/kg, exceeding by 22% the levels of the same period of the previous year, the Center for Economic Research in Rural farm (SARA). Vote: Are you planning to invest in your farm this year? Beef prices are not expected to fall below levels of BGN 5/kg, which were the prices until 1 year ago, taking into account the market situation, both in our country and in the EU. According to preliminary data of the Ministry of Agriculture, the amount of beef and veal produced in slaughterhouses in 2022 is 7.02 thousand tons compared to 7.13 thousand tons in 2021 (-1%). There are expectations for an even stronger decrease this year, as in January production in industrial conditions was 630 tons, which is 11% below the level of the same month of the previous year. A new wave of culling of dairy animals may occur after the summer, if the purchase prices of milk go ...

Source: Agri