The export of live cattle in January brought Ukraine 4.7 times more revenue

Published 2023년 3월 8일

Tridge summary

In January 2023, Ukraine exported live cattle worth $3.2 million, a 4.7-fold increase compared to the same period last year. The majority of these cattle were bought by Lebanon, Egypt, and Jordan. There was no import of live cattle to Ukraine during the same month. The shortage of cattle for slaughter and demand to restore or increase the herd population globally, due to natural disasters in the USA and increased world feed prices, have influenced this situation. Despite the global demand for beef, Ukraine has reduced the volume of meat and meat product production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In January 2023, Ukraine sent $3.2 million worth of live cattle for export. This is 4.7 times more than in the same period last year. This is evidenced by the data of the State Customs Service. Lebanon (44.5%), Egypt (31.7%) and Jordan (23.8%) bought the most domestic live cattle during January this year. There was no import of live cattle to Ukraine in the first month of 2023. "On foreign markets, there is a shortage of cattle for slaughter, as well as a demand for restoring or increasing the population of the herd," noted the analyst of the Association of Milk Producers, Georgy Kukhaleishvili. - Due to natural disasters, the cow population in the USA has decreased. The shortage of meat in the world was influenced by the increase in world feed prices. In November-December 2022, many farmers, in order to save money, fed cows less barley, as a ...
Source: Agrotimes

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