Tridge summary
The USDA GAIN report highlights the significance of live cattle exports to non-EU countries, especially the Balkan region, in supporting cattle farmers in Central Europe, the Balkans, and the Iberian Peninsula. These exports have seen a 23% decline in the first half of the year due to a reduction in shipments to Turkey, but exports to the non-EU Balkan region have compensated for this loss. The stability of calf production in these regions is expected to sustain strong exports to the non-EU Balkans. The article also mentions that Turkey, a major importer of EU cattle, is facing stricter EU animal welfare regulations and new sourcing policies, which may impact exports to that country. Additionally, the article discusses the dynamics of EU beef exports to Turkey and the anticipated decline in EU cattle exports due to a shortage of young animals, alongside the potential impact of new animal welfare legislation on live cattle exports to third countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Exports of live cattle to third countries are an important revenue for cattle farmers in Central Europe (such as Czechia, Romania, and Hungary), the Balkan region (mainly Croatia and Bulgaria), and the Iberian Peninsula (Spain and Portugal), according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report. During the first half year, EU cattle exports fell by 23% with a significant reduction in the shipments to Turkey, while exports to the non-EU Balkan region increased. With the stable calf production in Central Europe and the EU Balkan region, exports of live cattle to the non-EU Balkan region are anticipated to remain strong. Live cattle exports to Turkey are subject to stricter EU animal welfare regulations as well as new Turkish sourcing policies. In January 2024, the Turkish government established an import quota for feeder cattle at 600,000 head (725,000 head in 2023). This number may be increased during the year as determined ...
Source: The Cattle Site
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