BEEF & VEAL MARKET SITUATION CMO Committee 19 May 2016 LIVESTOCK EU TOTAL DECEMBER SURVEY Dec 1000 Hd TOTAL LIVESTOCK 2012 2013 2014 2015 %Var 2015 2014 2012 2013 2014 2015 733 121 395 545 3 868 66 1 987 202 2 122 5 541 143 1 598 21 108 193 52 213 5 1 623 629 1 388 451 458 147 136 301 475 2 921 718 150 390 528 3 878 71 1 893 167 2 068 5 453 145 1 680 21 109 187 55 212 4 1 653 627 1 409 425 454 144 133 302 469 2 803 745 121 413 534 3 909 73 1 886 176 2 302 5 546 132 1 654 22 118 192 54 219 4 1 676 629 1 450 487 463 148 130 307 473 2 842 749 +0.5% 109 -9.9% 403 -2.2% 538 +0.7% 3 836 -1.9% 70 -3.8% 2 026 +7.4% 168 -4.5% 2 325 +1.0% 5 597 +0.9% 148 +12.1% 1 678 +1.5% 23 +3.1% 114 -4.0% 185 -3.6% 54 -1.5% 220 +0.5% 4 -6.9% 1 707 +1.8% 624 -0.8% 1 617 +11.5% 500 +2.7% 459 -0.9% 152 +3.2% 130 +0.3% 308 +0.3% 467 -1.3% 2 955 +4.0% BE BG CZ DK DE EE IE EL ES FR HR IT CY LV LT LU HU MT NL AT PL PT RO SI SK FI SE UK 2 438 2 441 2 477 2 503 535 586 562 561 1 321 1 332 1 373 1 366 1 607 1 583 1 553 1 566 12 507 12 686 12 742 12 635 246 261 265 256 6 253 6 309 6 243 6 422 685 653 659 643 5 813 5 802 6 079 6 183 19 052 19 129 19 271 19 386 452 442 441 458 6 252 6 249 6 125 6 156 57 57 60 61 393 406 422 419 729 714 737 723 188 198 201 201 760 782 802 821 16 15 15 15 3 985 4 090 4 169 4 315 1 956 1 958 1 961 1 958 5 520 5 590 5 660 5 762 1 498 1 471 1 549 1 591 2 009 2 022 2 069 2 051 460 461 468 484 471 468 466 457 901 903 907 903 1 444 1 444 1 436 1 428 9 749 9 682 9 693 9 789 +1.1% -0.3% -0.5% +0.8% -0.8% -3.2% +2.9% -2.4% +1.7% +0.6% +3.9% +0.5% +3.1% -0.7% -1.9% -0.3% +2.4% +0.9% +3.5% -0.2% +1.8% +2.7% -0.9% +3.4% -1.7% -0.4% -0.6% +1.0% EU 87 297 87 734 88 406 89 114 +0.8% Source : EStat Newcronos 19 May 2016 EVOLUTION BOVINE < 1 Year 26 441 26 148 26 705 27 166 %Var 2015 2014 +1.7% BOVINE 1-2 Year %Var 2015 2014 2012 2013 2014 2015 484 64 298 314 2 940 50 1 617 131 714 3 378 101 1 421 10 70 145 43 159 4 603 424 1 324 206 235 120 95 225 338 2 395 490 62 300 319 3 015 54 1 714 129 735 3 441 92 1 457 9 75 144 45 179 4 627 435 1 372 211 238 123 98 224 342 2 411 490 65 311 307 3 011 54 1 649 119 746 3 418 88 1 366 10 75 149 47 176 3 657 432 1 445 214 254 122 93 223 334 2 332 493 +0.7% 64 -2.3% 309 -0.7% 302 -1.6% 2 993 -0.6% 53 -2.8% 1 660 +0.7% 113 -5.0% 786 +5.4% 3 461 +1.3% 88 idem 1 379 +1.0% 10 +2.0% 76 +1.8% 152 +1.7% 45 -4.0% 180 +2.3% 4 +15.1% 660 +0.5% 439 +1.5% 1 532 +6.0% 238 +11.2% 251 -1.1% 129 +5.7% 91 -1.8% 221 -0.6% 342 +2.3% 2 328 -0.2% 17 907 18 342 18 189 18 399 +1.2% BOVINE %Var 2015 2015 2014 BOVINE > 2 Year 2012 2013 2014 1 222 1 234 1 243 1 261 350 374 376 388 628 642 649 654 748 736 713 726 5 699 5 793 5 823 5 806 131 137 138 133 2 650 2 701 2 709 2 737 351 357 365 363 2 977 2 999 3 031 3 072 10 133 10 235 10 307 10 328 208 205 221 222 3 072 3 112 3 106 3 099 26 27 28 29 215 222 229 229 391 383 395 385 93 98 100 102 389 393 407 421 7 7 7 7 1 760 1 810 1 836 1 948 903 897 899 894 2 809 2 809 2 765 2 614 840 834 848 853 1 316 1 331 1 352 1 341 193 194 198 202 240 238 243 236 376 378 378 374 630 632 629 619 4 433 4 468 4 520 4 506 +1.5% +3.1% +0.7% +1.8% -0.3% -3.1% +1.0% -0.5% +1.4% +0.2% +0.5% -0.2% +3.8% +0.2% -2.5% +2.1% +3.4% -0.6% +6.1% -0.6% -5.5% +0.6% -0.9% +2.0% -2.8% -1.0% -1.5% -0.3% 42 789 43 246 43 514 43 550 +0.1% EU %Var is calculated considering only countries available in 2014 AND 2015 LIVESTOCK EU EVOLUTION COWS DECEMBER SURVEY Dec 1000 Hd 2012 2013 2014 2015 %Var 2015 2014 BE BG CZ DK DE EE IE EL ES FR HR IT CY LV LT LU HU MT NL AT PL PT RO SI SK FI SE UK 945 323 543 678 4 863 112 2 188 278 2 608 7 757 195 2 391 24 190 352 74 339 6 1 643 772 2 469 678 1 180 168 203 336 524 3 388 945 353 553 664 4 941 118 2 168 289 2 633 7 804 181 2 410 25 194 345 78 345 6 1 683 766 2 442 677 1 187 166 199 338 522 3 371 956 351 566 643 4 969 118 2 169 305 2 669 7 841 180 2 398 25 200 351 75 359 7 1 694 768 2 403 697 1 207 168 202 340 517 3 419 974 359 566 664 4 966 116 2 293 304 2 763 7 867 171 2 386 26 201 343 77 368 7 1 802 758 2 303 716 1 196 170 200 339 513 3 481 +1.9% +2.4% +0.0% +3.3% -0.1% -2.4% +5.7% -0.3% +3.5% +0.3% -5.0% -0.5% +2.0% +0.6% -2.1% +2.6% +2.5% -1.5% +6.4% -1.2% -4.2% +2.8% -0.9% +0.9% -1.1% -0.1% -0.9% +1.8% 35 225 35 401 35 596 35 929 +0.9% EU TOTAL COWS 2015 %Var 2015 2014 2012 2013 2014 2015 %Var 2015 2014 529 284 369 570 4 285 91 1 240 129 844 3 660 152 2 057 26 162 301 49 251 6 1 717 539 2 134 241 1 177 113 139 282 337 1 939 +1.9% -5.9% -0.9% +4.2% -0.3% -5.3% +9.9% -4.4% -0.1% -1.1% -4.4% -0.6% +1.9% -2.1% -4.3% +5.0% -1.6% -2.0% +6.6% +0.2% -5.1% +3.0% -0.9% +4.6% -2.7% -0.2% -2.1% +3.0% 441 29 175 100 672 15 1 128 146 1 780 4 114 14 382 0 26 21 29 83 0 102 248 123 442 17 57 53 56 178 1 603 429 40 178 97 673 20 1 085 159 1 789 4 106 13 335 0 29 29 30 96 1 86 237 143 446 18 56 54 56 175 1 554 436 49 194 96 674 23 1 041 169 1 824 4 142 21 329 0 34 37 29 104 0 84 230 155 463 18 60 59 57 173 1 536 445 75 197 94 681 25 1 053 174 1 919 4 208 19 329 0 39 43 28 117 0 85 219 169 476 18 57 60 57 176 1 543 +1.9% +53.6% +1.8% -2.1% +1.1% +10.1% +1.1% +3.0% +5.2% +1.6% -9.5% +0.2% idem +13.6% +16.7% -1.3% +12.5% +30.0% +1.2% -4.6% +8.7% +2.8% idem -5.7% +2.7% +0.6% +1.5% +0.5% 23 193 23 468 23 559 23 622 +0.3% 12 034 11 934 12 037 12 307 +2.2% DAIRY COWS 2012 2013 2014 504 294 367 579 4 190 97 1 060 132 827 3 644 181 2 009 24 165 331 45 255 6 1 541 523 2 346 237 1 163 111 150 280 346 1 786 516 313 375 567 4 268 98 1 082 130 844 3 697 168 2 075 25 165 316 48 250 6 1 597 530 2 299 231 1 169 110 145 282 346 1 817 519 302 372 547 4 296 96 1 128 135 845 3 699 159 2 069 25 166 314 47 255 7 1 610 538 2 248 234 1 188 108 143 283 344 1 883 OTHER COWS 19 May 2016 Source : EStat Newcronos EU %Var is calculated considering only countries available in 2014 AND 2015 PRODUCTION % EVOLUTION - 10 % BE BG CZ DK DE EE -0.8% - 10 % IE EL ES FR HR IT CY LV LT LU HU MT NL AT PL PT RO SI SK FI -17.8% Meat of bovine +0.9% +2.1% - 20 % animals Estimates for last month of period : CY AT 19 May 2016 -1.2% +2.2% -7.6% +1.1% +4.7% Young cattle +11.5% +2.0% 0% -3.3% +1.8% 0% -1.6% Calve +9.1% +5.0% +4.2% +3.6% +2.9% Heifer +5.3% +1.9% -1.4% +0.6% +4.7% Cow +1.9% +1.4% +4.2% +1.4% + 10 % -12.2% Bullock + 10 % +3.6% +0.8% -10.8% -1.1% -1.2% Bull EU : + 2.1% -3.8% EU28 +8.1% EU15 +12.5% Jan-Feb 15/16 +7.3% HEADS +12.8% HEADS SE UK - 20 % Source : EStat - Newcronos PRODUCTION % EVOLUTION - 15 % Young cattle +0.3% +1.2% Meat of bovine +0.8% +2.1% - 25 % animals Estimates for last month of period : CY AT 19 May 2016 +11.1% +4.7% +17.6% +4.2% +7.8% -2.1% +1.6% -5% - 15 % -14.8% +1.5% -2.1% Calve -5% -2.8% +4.5% -0.0% +3.0% +5 % -0.8% Heifer + 15 % -13.5% +2.2% -10.0% +1.0% -2.7% Cow -2.5% +5% +5.3% +2.6% +9.6% +2.6% +1.8% Bullock + 15 % +5.1% +1.2% +4.4% -1.1% +3.0% Bull EU : + 2.1% +6.3% EU28 +9.2% EU15 +14.7% Jan-Feb 15/16 +6.2% TONNES +16.2% TONNES - 25 % BE BG CZ DK DE EE IE EL ES FR HR IT CY LV LT LU HU MT NL AT PL PT RO SI SK FI SE UK Source : EStat - Newcronos PRODUCTION HISTORIC TONNES Beef & Veal Production (E28 Slaughtering) - Tonnes 800 2014 2015 2016 700 1.000 Tonnes 600 500 400 300 200 100 0 Jan Source : EStat-Newcronos 19 May 2016 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec PRICES CARCASSES Dashboard Evolution since last month - 0.5% - 1.6% - 5.5% Young Bovines (Z) 375.7 + 0.2% - 1.7% + 0.2% Young Bulls (A) 358.5 - 0.4% - 2.6% - 2.9% Steers (C) 395.0 - 0.4% + 1.1% - 10.5% Cows (D) 271.2 - 0.6% - 1.6% - 11.0% Heifers (E) 377.6 - 0.0% - 0.8% - 5.0% Male Calves Dairy Type 103.4 + 2.7% + 11.8% + 1.9% Male Calves Beef Type 223.6 - 0.1% + 1.2% - 0.1% Young Store Cattle 2.37 - 0.3% + 1.0% - 7.4% Yearling Male Store Cattle 2.30 - 0.7% + 0.3% - 4.5% Yearling Female Store Cattle 2.24 - 0.9% + 0.2% - 4.8% Calves slaughtered <8M 504.1 - 0.5% - 4.4% - 1.3% €/head €/100 kg 362.6 €/100 Sources : MSs notifications (Regulation (EC) 1249/2008 and 807/2013 19 May 2016 Evolution since last year Average A/C/Z -R3 €/kg Carcasse Live Animals Evolution since last week 18 EU Prices week PRICES CARCASSES ACZ - R 3 EU EVOLUTION A / C / Z . R3 > Wk.18-2016 €/100 kg cwe % of Reference Price 190% 422.6 180% 400.3 170% 378.1 160% 355.8 150% 333.6 140% 311.4 130% ACZ - R 3 Source : Member States > Wk.18-2016 289.1 Jan Feb Mar Apr May 2011-2015 Avg Price in week 18 : 362.62 % change y/y : - 5.5% % Ref. Price in wk 18 : 163.1% 19 May 2016 Jun Jul 2014 Aug 2015 Sep Oct Nov Dec 2016 Average price in April 2016 : % change y/y : 378.92 - 1.9% PRICES CARCASSES EU A / C / Z . R3 EU Beef prices ACZ - R3 € / 100 kg 600.00 223.24 239.51 257.98 300.00 Apr-16 279.22 310.82 313.42 333.32 334.54 334.64 339.40 339.52 346.99 347.72 Apr-15 365.52 372.93 375.27 378.92 385.03 385.15 385.83 400.00 390.36 400.42 401.54 402.02 422.05 462.38 Apr 16 vs Apr 15 492.11 500.00 EVOLUTION Reference price 222.4 200.00 100.00 0.00 SE 19 May 2016 GR GB IE IT NI SP FI LU DK EU PT DE AT HR BE SI FR NL CZ SK PL EE LT RO HU LV PRICES CARCASSES A- R3 EU EVOLUTION Y O U N G B U L L – A.R3 > Wk.18-2016 400 400 380 380 360 360 340 340 320 320 300 A-R3 Source : Member States Jan Feb 300 Mar Apr 2011-2015 Avg Price in week 18 : % change y/y : 19 May 2016 > Wk.18-2016 361.09 - 3.6% May Jun 2014 Jul Aug Sep Oct 2015 Average price in April 2016 : % change y/y : Nov Dec 2016 380.24 + 0.8% E.U. PRICES CARCASSES In € / 100 kg EVOLUTION Y O U N G BOVINE 8-12M– Z.R3 Z-R3 > Wk.18-2016 400 380 360 340 320 Source : Member States 300 JAN FEB MAR APR MAY 2014 Price in week 18 : % change y/y : 19 May 2016 375.72 - 1.8% JUN JUL 2015 AUG SEP OCT NOV DEC 2016 Average price in April 2016 : % change y/y : 393.23 + 5.0% PRICES CARCASSES C-R3 E.U. EVOLUTION S T E E R – C.R3 > Wk.18-2016 500 500 475 475 450 450 425 425 400 400 375 375 350 350 325 325 300 C-R3 Source : Member States Jan Feb Mar Apr 2011-2015 Avg Price in week 18 : % change y/y : 19 May 2016 390.68 - 8.8% May Jun 2014 Jul Aug Sep Oct > Wk.18-2016 Nov 2015 Average price in April 2016 : % change y/y : Dec 2016 402.77 - 6.9% 300 PRICES CARCASSES D-O3 E.U. EVOLUTION C O W – D.O3 > Wk.18-2016 340 340 320 320 300 300 280 280 260 260 240 240 220 D-O3 Source : Member States Jan Feb Mar Apr 2011-2015 Avg Price in week 18 : 271.20 % change y/y : - 11.0% 19 May 2016 May Jun 2014 Jul Aug Sep Oct > Wk.18-2016 Nov 2015 Average price in April 2016 : % change y/y : Dec 2016 283.88 - 6.1% 220 PRICES CARCASSES E-R3 EU EVOLUTION H E I F E R – E.R3 > Wk.18-2016 430 430 410 410 390 390 370 370 350 350 330 330 310 E-R3 Source : Member States Jan Feb Mar Apr 2011-2015 Avg Price in week 18 : % change y/y : 19 May 2016 377.63 - 5.0% May Jun 2014 Jul Aug Sep Oct > Wk.18-2016 Nov 2015 Average price in April 2016 : % change y/y : Dec 2016 391.94 - 1.8% 310 PRICES CARCASSES EU EVOLUTION All CAT GLOBAL VIEW 450 Z R3 A R3 400 C R3 D O3 350 E R3 300 250 200 Last Update : Week 18 - 2016 Source : Member States 2014 19 May 2016 2015 2016 PRICES LIVE BOVINES EU EVOLUTION STORE CATTLE Store cattle (€/100 kg live weight) 2.70 2.60 2.50 2.40 2.30 2.20 2.10 2.00 1.90 Young Store Cattle Young Store Cattle Price in Yearling Male Store Cattle Yearling Female Store Cattle Week 18 2.37 Yearling Male Store Cattle Price Change y/y -7.38% Change y/y Yearling Female Store Cattle Price 2.24 Change y/y -4.83% 19 May 2016 2.30 -4.54% PRICES LIVE BOVINES EU EVOLUTION Male Calves – 8D4W Male calves aged between 8 days and 4 weeks (€/head) 300.00 250.00 200.00 150.00 100.00 50.00 Male Calves Dairy Type Male Calves Beef Type 0.00 Male Rearing Calves Beef type Price in Week 18 Change y/y 19 May 2016 223.63 -7.10% Male Rearing Calves Dairy type Price in Week 18 Change y/y 103.43 +1.88% PRICES LIVE BOVINES EU EVOLUTION Butcher Calves Calves slaughtered before the age of less than 8 months (€/100 kg cw) Calves Slaughtered <8M 560 550 540 530 520 510 500 490 480 470 460 Price in Week 18 504.19 € / 100 kg of carcasse weight Change y/y -1.30% 19 May 2016 REMAINDERS Remainder for dairy calves fattening 400 350 300 € / 100 kg 250 200 150 100 50 129 144 151 148 143 144 140 147 142 135 131 127 124 135 140 140 145 144 146 145 0 19 May 2016 Remainder (€/100Kg cwe) Cost animal purchase (€/100Kgr cwe) AO2 carcass price (€/100Kg) Average remainder Cost main feed ingredients (€/100kg cwe) 143 146 REMAINDERS Remainder for beef type calves fattening 600 500 € / 100 kg 400 300 200 100 179 193 213 222 221 221 236 246 246 229 213 224 252 244 246 237 251 229 212 200 0 Remainder (€/100Kg cwe) Cost animal purchase (€/100Kgr cwe) AR3 carcass price (€/100Kg) Average remainder (€/100Kg) 19 May 2016 Cost main feed ingredients (€/100kg cwe) 193 189 REMAINDERS Remainder for young store cattle fattening 600 500 400 300 200 100 104 116 136 141 137 141 153 158 157 140 131 148 178 169 165 150 168 149 129 118 109 0 Remainder (€/100Kg cwe) Cost animal purchase (€/100Kgr cwe) AR3 carcass price (€/100Kg) Average remainder (€/100Kg) 19 May 2016 Cost main feed ingredients (€/100kg cwe) 109 TRADE EU EXPORTS Beef & Live Animals EU exports of beef and live animals (1): Trade figures (COMEXT – tonnes cwe) Destinations 2012 tonnes Turkey 2013 % tonnes 2014 % tonnes 2015 % tonnes Jan-Mar 16 % tonnes Compared % to Jan-Mar 15 101 475 20.0% 5 086 1.1% 8 099 1.4% 57 564 9.6% 12 570 8.5% + 91.6% Hong Kong 17 894 3.5% 28 573 6.3% 65 112 11.6% 45 191 7.5% 11 127 7.5% - 26.9% Lebanon 27 473 5.4% 26 318 5.8% 37 984 6.8% 50 440 8.4% 10 973 7.4% - 11.9% 8 436 1.7% 9 378 2.1% 8 353 1.5% 18 862 3.1% 9 086 6.1% + 180.2% Ivory Coast 15 929 3.1% 21 619 4.8% 28 839 5.2% 35 770 6.0% 8 312 5.6% - 9.7% Ghana 28 693 5.6% 40 878 9.0% 33 255 5.9% 37 364 6.2% 7 470 5.0% - 17.0% Bosnia-Herz. 19 714 3.9% 26 814 5.9% 34 104 6.1% 40 031 6.7% 6 745 4.6% - 11.5% N.det.Extra 269 0.1% 226 0.0% 1 294 0.2% 2 338 0.4% 6 280 4.2% +++ Switzerland 19 881 3.9% 26 490 5.8% 26 634 4.8% 26 052 4.3% 5 905 4.0% - 20.3% Norway 14 620 2.9% 10 222 2.3% 7 879 1.4% 19 149 3.2% 5 634 3.8% + 3.8% Vietnam 3 042 0.6% 3 175 0.7% 6 410 1.1% 11 627 1.9% 5 187 3.5% +++ Algeria 17 323 3.4% 25 911 5.7% 18 499 3.3% 16 085 2.7% 4 938 3.3% - 2.4% Libya 11 974 2.4% 18 666 4.1% 14 280 2.6% 19 913 3.3% 3 605 2.4% + 7.0% Egypt 2 107 0.4% 2 592 0.6% 2 763 0.5% 9 835 1.6% 3 398 2.3% +++ Philippines 2 028 0.4% 2 730 0.6% 11 839 2.1% 13 116 2.2% 2 809 1.9% + 3.1% China 5 119 1.0% 7 228 1.6% 8 244 1.5% 9 094 1.5% 2 562 1.7% + 34.0% Other Destinations 212 025 41.7% 197 374 43.5% 245 657 43.9% 187 763 31.3% 41 442 28.0% EXTRA EU 508 002 Israel % change 19 May 2016 453 281 559 242 600 195 148 044 - 11% + 23% + 7% + 11.4% TRADE EU EXPORTS Beef & Live Animals EU exports of beef and live animals: Trade figures (COMEXT) EU EXPORTS of Beef & Veal (Tonnes cwe) 148 044 132 838 EU EXPORTS of Beef & Veal (1000 EUR) 464 077 160 000 450 000 402 398 140 000 500 000 400 000 120 000 350 000 301 266 100 000 86 139 80 000 86 302 60 000 8 312 9 086 10 973 11 127 3 243 12 461 6 512 609 15 230 6 559 Jan-Mar 14 Jan-Mar 15 Jan-Mar 16 Lebanon Ivory Coast Turkey Hong Kong 19 May 2016 12 570 Israel 300 000 252 202 Tonnes cw 95 977 271 932 250 000 4 999 235 992 200 000 150 000 40 000 45 557 25 620 43 857 20 000 24 518 78 924 Jan-Mar 14 Turkey Hong Kong 100 000 50 000 41 091 4 653 0 Other destinations 42 241 0 Jan-Mar 15 Lebanon Israel Jan-Mar 16 Ivory Coast Other destinations 1,000 EUR 112 399 TRADE EU EXPORTS Beef to TURKEY EU beef Exports to TURKEY Trade figures (COMEXT data) tonnes cwe 10 000 TOTAL Fresh Bovine "Compensated" quarters Fresh Bovine (un)-separated Forequarters Fresh Bovine (un)-separated Hindquarters 8 000 Live Animals 6 000 4 000 2 000 0 19 May 2016 1.761 .403 2.050 19 May 2016 2.114 Dec 160 Nov 160 Oct 160 . . . . . . . . . 4.541 4.343 3.425 4.656 4.349 3.926 3.676 . 4.439 1.493 . 8.000 6.000 4.000 2.000 0 . . . Tonnes CWE 957 3.544 . . 3.621 . 4.559 . . . . . . 4.634 3.159 . 3.652 . 3.637 3.965 3.098 4.741 4.683 953 3.453 6.348 5.425 895 . 1.434 3.942 3.754 1.945 4.909 4.562 4.291 3.197 2.746 886 4.561 2.966 . 5.143 . 5.608 6.037 . . . . . . 7.497 . 6.900 6.285 . . 8.064 . . 6.408 5.614 7.511 6.122 6.179 . . 5.588 . 6.248 4.708 . . . EU Sep 160 Aug 160 Jul 160 Jun 160 May 160 Apr 160 Mar 16 Feb 16 Jan 16 Dec 15 Nov 15 Oct 15 Sep 15 Aug 15 Jul 15 Jun 15 May 15 Apr 15 Mar 15 2.159 3.461 . . . . 6.273 5.293 4.555 5.367 . . . Lebanon Feb 15 Jan 15 1.494 Dec 14 3.155 . . 3.550 . 3.414 1.995 2.790 . 4.093 3.707 . . . 4.328 3.603 . 4.860 4.608 Algeria Nov 14 1.423 1.330 Oct 14 Sep 14 . 3.804 293.132 1.222 1.928 1.981 . Turkey Aug 14 Jul 14 Jun 14 May 14 Apr 14 . 3.769 2.939 . Mar 14 1.813 1.230 Feb 14 Jan 140 TRADE EXPORTS Live Animals EU-28 Exports of LIVE Bovine Animals (Source COMEXT - Tonnes cwe) 20.000 Other 18.000 16.000 14.000 12.000 10.000 TRADE EU EXPORTS Live Animals 250 000 200 000 154 318 150 000 123 978 104 799 235 149 Numbetr of heads 216 422 200 000 179 402 150 000 135 563 117 351 100 000 100 000 50 000 50 000 0 2013 Lebanon 2014 Turkey 19 May 2016 2015 Israel Algeria 0 2016 Libya Bosnia-Herz. 250 000 2013 Other Lebanon 2014 Turkey 2015 Israel Algeria 2016 Libya Bosnia-Herz. Other Thousand euros EU Exports of BEEF live animals by partner for the period Jan-Mar 2016 TRADE EU IMPORTS Beef & Live Animals EU imports of beef and live animals (1): Trade figures (COMEXT – tonnes cwe) Origins 2012 2013 tonnes Brazil % 2014 tonnes % tonnes 2015 % tonnes Jan-Mar 16 % tonnes Compared % to Jan-Mar 15 126 926 41.3% 146 041 43.6% 144 259 43.4% 136 705 42.4% 34 507 45.4% - 0.2% Uruguay 52 580 17.1% 51 641 15.4% 49 043 14.8% 46 286 14.3% 11 734 15.4% + 12.2% Argentina 51 696 16.8% 47 977 14.3% 42 074 12.7% 42 131 13.1% 9 508 12.5% - 6.5% Australia 21 314 6.9% 28 106 8.4% 32 653 9.8% 30 879 9.6% 6 550 8.6% - 3.0% USA 21 097 6.9% 22 300 6.7% 23 234 7.0% 24 075 7.5% 4 810 6.3% - 23.3% New Zealand 15 387 5.0% 13 958 4.2% 14 432 4.3% 11 369 3.5% 2 454 3.2% - 4.7% 474 0.2% 6 280 1.9% 6 424 1.9% 9 258 2.9% 1 720 2.3% + 11.6% Switzerland 4 946 1.6% 4 284 1.3% 5 456 1.6% 5 089 1.6% 1 453 1.9% + 14.6% Namibia 8 848 2.9% 11 113 3.3% 9 994 3.0% 12 140 3.8% 1 414 1.9% - 1.9% 101 0.0% 0 0.0% 0 0.0% 1 915 0.6% 1 262 1.7% +++ Botswana Paraguay Canada 825 0.3% 965 0.3% 780 0.2% 428 0.1% 124 0.2% + 2.3% 1 711 0.6% 537 0.2% 875 0.3% 710 0.2% 115 0.2% - 20.8% Serbia 742 0.2% 619 0.2% 425 0.1% 439 0.1% 110 0.1% + 0.6% Norway 159 0.1% 201 0.1% 347 0.1% 480 0.1% 74 0.1% - 47.7% N.det.Extra 1 0.0% 0 0.0% 230 0.1% 51 0.0% 70 0.1% +++ Turkey 0 0.0% 0 0.0% 0 0.0% 40 0.0% 40 0.1% +++ Japan 0 0.0% 3 0.0% 100 0.0% 216 0.1% 37 0.0% - 28.8% 599 0.2% 578 0.2% 2 035 0.6% 514 0.2% 76 0.1% Chile Other Origins EXTRA EU % change 19 May 2016 307 406 334 604 332 361 322 723 76 057 + 9% - 1% - 3% + 0.4% TRADE EU IMPORTS Beef & Live Animals EU imports of beef and live animals (2): Trade figures (COMEXT) IMPORTS of Beef & Veal into EU (1000 EUR) IMPORTS of Beef & Veal into EU (Tonnes cwe) 75 768 76 057 80 000 8 949 70 000 482 011 6 550 60 000 46 378 74 362 7 522 7 541 6 754 7 086 8 834 10 172 9 508 10 895 10 460 11 734 600 000 393 151 62 899 50 000 40 000 In Tonnes cwe 38 965 44 075 41 008 36 320 30 000 75 778 20 000 62 717 86 356 69 452 34 391 34 587 34 507 10 000 138 363 462 434 53 193 400 000 45 646 46 140 300 000 87 601 Brazil Uruguay 19 May 2016 Jan-Mar 15 Argentina Jan-Mar 16 Australia USA 172 852 156 447 Jan-Mar 15 Jan-Mar 16 100 000 0 Jan-Mar 14 Other origins in 1000 EUR 200 000 73 408 0 Jan-Mar 14 500 000 Brazil Uruguay Argentina Australia USA Other origins TRADE EU TRADE BALANCE Beef & Live Animals Trade balance of beef and live animals 1 400 1 400 1 263 1 263 IMPORTS 1 171 IMPORTS 1 171 1 120 1 120 EXPORTS 1 200 EXPORTS 1 200 1 028 1 028 1 000 1 000 452 452 403 403 446 446 401 401 800 800 736 736 436 436 429 429 624 598 598 624 565 559 600 556 600 598 598 529 565 513556 513 508 559 600 491 529 473 513 513 481 508 455 454 491 433 431 473 481 455 453 398 395431 380 400 352 398 395 335 380 332 323 400 307 352 292 292 335 332 323 323 307 249 248292 292 242 249 248 200 148 200 76 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Jan- 0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 JanSep Mar 15 16 19 May 2016 0 1000 Tonne 1000 Tonne 825 825 WORLD BEEF MARKET EXCHANGE RATE INDEX / Euro Main Trading Partners Index of daily exchange rates of the main trading partners compared to the Euro (02/01/14 = 100) 190 170 150 130 110 90 70 50 US Dollar 19 May 2016 Brazilian Real Canadian Dollar Russian Rouble Chinese Yuan WORLD BEEF MARKET Source : GTA E.U. IMPORTS BEEF MAIN IMPORTERS * Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90) Main Importers of BEEF Products (up to March) 250 China + H. Kong 200 2015 (up to March) 19 May 2016 South Korea Canada 100 Turkey 50 Chile EU Japan Russia (up to Feb) Turkey Chile Canada EU South Korea Japan Russia (up to Feb) 150 Qty in 1000 Tonnes United States China + H. Kong United States * Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90) No 2103 figures available for : Mexico, Taiwan, 0Chile, ... 2016 (up to March) WORLD BEEF MARKET Source : GTA E.U. EXPORTS BEEF MAIN EXPORTERS * Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90) Main Exporters of BEEF Products (up to March) China + H. Kong Argentina (up to Feb) Uruguay (up to Jan) Paraguay EU Canada New Zealand India (up to Feb) China + H. Kong Argentina (up to Feb) Paraguay Uruguay (up to Jan) EU Canada 150 100 50 0 2015 (up to March) 19 May 2016 2016 (up to March) Qty in 1000 Tonnes 250 Brazil Australia United States 300 200 New Zealand India (up to Feb) Brazil Australia United States * Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90) WORLD BEEF MARKET STEER PRICES EU, US, AUS, NZ World Beef Prices €600.00 €500.00 €400.00 US; €385.42 €/100Kg EU; €362.62 AUS; €326.15 UR; €322.00 NZ; €300.03 €300.00 BR; €226.69 €200.00 AG; €168.50 €100.00 €0.00 19 May 2016 ECB US AUS UY ARG BR NZ http://sdw.ecb.europa.eu/browse.do?node=2018794 https://www.marketnews.usda.gov/mnp/ls-home http://statistics.mla.com.au/Report/RunReport/ae59d4ac-74e4-4c56-93bd-982a044d9760 http://www.inac.gub.uy/innovaportal/v/11034/10/innova.front/indicadores-y-precios http://www.abc-consorcio.com.ar/Estadisticas/detalle/117/precios_comparativos_del_novillo.html http://www.pecuaria.com.br/cotacoes.php http://www.abc-consorcio.com.ar/Estadisticas/detalle/117/precios_comparativos_del_novillo.html Forecast Summary 2014 EU.15 PRODUCTION ( 1000T ) - 0.19% EU.15 CONSUMPTION ( 1000T ) + 0.78% BALANCE + 12.11% EU.13 CONSUMPTION ( 1000T ) - 0.38% BALANCE + 0.86% EU.28 CONSUMPTION ( 1000T ) + 0.72% 691 390 7 327 7 305 6 813 7 037 2016 + 3.35% + 0.11% - 223 + 12.43% + 1.15% 777 394 + 1.72% 7 590 7 431 7 044 + 1.03% + 0.23% -2 + 6.07% - 3.02% 383 + 3.60% 7 042 2017 824 382 - 0.06% 7 866 7 426 7 060 53 + 3.07% + 0.39% 442 + 3.63% 7 114 849 384 466 + 1.24% + 0.24% 7 963 7 444 BALANCE 21 160 440 519 EU - CARCASS PRICES 2014 2015 2016 2017 ADULT MALE BOVINES ( €/100 kg ) - 5.8% COWS ( €/100 kg ) 19 May 2016 + 1.75% 301 EU.28 PRODUCTION ( 1000T ) 6 916 + 2.68% - 280 EU.13 PRODUCTION ( 1000T ) 6 636 2015 Sources : EStat New Cronos, Member States - 8.4% 373.6 287.1 + 3.44% - 0.70% 386.4 285.1 - 4.16% - 4.50% 370.4 272.3 + 0.31% - 0.69% 371.5 270.4