Committee for the Common Organisation of the Agricultural Markets 11 December 2014 Evolution of the EU average pig carcass price Class E & S prices from 1/1/2014 190 €/100 kg 175 160 145 130 115 Jan Feb Mar Apr 5 yr Avg former class E (09-13) DG AGRI C3 Jun May 2011 Jul DE 2011 Aug Sep 2013 Nov Oct 2014 Class E Dec 2014 Class S 11 December 2014 Evolution of the EU average piglet prices 55 50 €/piece 45 40 35 30 Jan Feb Mar Apr May 5 yr avg (09 - 13) DG AGRI C3 Jun Jul Aug 2013 Sep Oct Nov Dec 2014 11 December 2014 Weekly pig price (average class S and E) in FI, EE, LV, LT, HU and PL compared to the EU average 185 175 €/ 100kg 165 155 145 135 125 115 DG AGRI C3 2014 1 6 11 EE LV LT 16 PL 21 26 31 2014 Week nr: 45 HU FI 36 EU 41 46 51 5 yr Avg former class E (09-13) 11 December Weekly pig price (average class S and E) in BE, DE, IE, DK, FR and NL compared to the EU average 185 175 €/ 100kg 165 155 145 135 125 115 1 BE DG AGRI C3 6 DE 11 EI 16 DK 21 26 31 2014 Week nr: 45 FR NL 36 EU 41 46 51 5 yr Avg former class E (09-13) 11 December 2014 Forecast Quarterly Slaughter: Based on realised slaughter included MSs' & Experts' forecast Last update : 8.12.2014 26 MSs communicated GIP forecast in June percentual change (based on number of heads) 6,0% 4,0% 2,0% 0,0% -2,0% -4,0% -6,0% Q1 Q2 Q3 Q4 Ann DG AGRI C3 2011 2,2% 2,3% 3,1% -0,1% 1,8% 2012 -0,5% -1,6% -5,5% -2,8% -2,6% 2013 -1,6% 0,4% 0,8% 1,0% 0,1% 2014 0,9% -1,0% 2,7% -0,2% 0,6% 2015 -0,1% 0,0% 11 December 2014 Evolution of pig slaughter by MS (in t) + 60% + 50% EU - Jan-Sep: + 0.9% Sep. 13/14: + 9.9% (data without IT) + 40% + 30% + 20% + 10% - 10.0% - 20.0% - 30.0% - 40.0% IT PL EE IE HU SI BG LV PT RO LU LT DE NL ES BE Jan-Sep.13 /Jan-Sep.14 DG AGRI C3 CZ FR DK UK SE CY AT MT FI GR HR SK EU EU (no IT) Sep.13 /Sep.14 11 December 2014 EU average pigcarcase price Euro/ 100kg 190 170 150 130 110 90 70 92 93 94 95 96 97 EU avg pig price DG AGRI C3 98 99 00 01 02 03 04 05 06 07 period of Aid for Private Storage 08 09 10 11 12 13 14 déstockage 11 December 2014 15 Development of producer margins (pig price over feed costs) 300 250 Euro/ 100kg ( pig carcase) 250 200 200 150 150 Margin/ Comp. Feed (4.4 > 3.9) Carcase price 100 average Margin 2009 - 2013 (49,92 €/100kg) 100 Cereals and Soja mix Compound feed 50 50 0 0 | 2011 | 2012 | 2013 | 2014 | 2015 NB:Comp. Feed 2014 = Forecast as from September. Cereal mix and Pig carcase price: 2014. = expectations as from December 2014. DG AGRI C3 2014 11 December €uro/ T (Cereal & Soja mix/ Compound feed) 300 Weekly average Pigprices 2010 - 2014 EU, Brazil and the US in Euro/ 100kg carcase 195,0 175,0 155,0 135,0 BR 164,08 115,0 US 154,25 95,0 CDN 143,57 75,0 EU 141,40 55,0 | 2010 | 2011 | 2012 | 2013 | EU = we ighted avg of MS price s grade E <55% lean meat. As from 1.1.2014 42% class E and 58%S. US = we ekly USDA prices carcase lean hogs Iowa-Minn. 167-187lb BR = avg of maximum prices in main producing states (suino.com.br) CDN= Ontario Dressed weight FOBas from dec 2010, be fore Index 100 (agr.gc.ca) 2014 | EU US Braz. avg CDN Ontario DG AGRI C3 11 December 2014 2015 Index of monthly exchange rates of the main trading partners compared to the €uro notification on the 1st of the month January 2009 = 100 150,0 125,0 100,0 75,0 50,0 I 2009 I 2010 Real DG AGRI C3 I 2011 US$ I 2012 I Ruble 2013 I 2014 AUS$ I 2015 CDN$ 11 December 2014 | DG AGRI C3 26.033 33.845 37.118 36.087 44.191 51.789 59.838 43.179 32.368 21.730 22.612 72.276 . 2.120.510 3.100.884 3.072.457 3.133.570 2.627.621 EXPOR TS 1.750.000 1.500.000 1.250.000 1.000.000 750.000 500.000 250.000 Tonnes product weight 2.569.087 2.386.245 1.910.908 2.089.363 1.938.455 1.780.568 1.509.302 1.526.563 1.331.808 1.545.907 1.556.961 1.238.138 1.083.230 943.405 881.011 IMPORTS 54.499 56.077 55.918 63.800 51.641 71.937 59.720 46.135 EU trade of PIG products 4.000.000 3.750.000 3.500.000 3.250.000 3.000.000 2.750.000 2.500.000 2.250.000 2.000.000 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Jan-Sep 14 0 11 December 2014 EU imports of selected PIG products Trade figures (COMEXT – tonnes product weight) 2010 tonnes Sw itzerland Serbia % 17.480 40% 859 Chile 2011 2% 11.724 27% Norw ay 1.911 4% Other 12.216 28% EXTRA EU 25/27 44.191 % change DG AGRI C3 tonnes 2012 % 18.723 52% 2.397 7% tonnes 2013 % 19.491 53% 2.391 6% tonnes Jan-Sep 14 % 17.495 52% 3.094 9% tonnes % Compared to Jan-Sep 13 13.168 51% 1% 2.772 11% 27% 7.734 21% 7.467 20% 5.398 16% 2.344 9% -47% 1.530 1.986 1.995 2.167 8% 42% 4% 5.703 16% 5% 5.782 16% 6% 5.863 17% 5.582 21% 36.087 37.118 33.845 26.033 - 18% + 3% - 9% + 1,3% 11 December 2014 EU imports of selected PIG products Trade figures (COMEXT – tonnes product weight) IMPORTS of PIG Meat into EU-28 (Tonnes prod. weight) IMPORTS of PIG Meat into EU-28 (1000 EUR) 60.000 28.308 30.000 25.707 26.033 4.605 25.000 4.330 3.998 50.102 50.088 48.253 12.896 50.000 13.249 11.282 40.000 20.000 1.814 2.189 30.000 15.000 2.772 20.000 10.000 14.962 13.066 1.192 13.168 5.000 13.442 1.478 1.693 11.232 10.613 10.000 0 0 Jan-Sep 12 Switzerland Jan-Sep 13 Serbia Chile DG AGRI C3 Norway Jan-Sep 14 Thailand Other origins Jan-Sep 12 Switzerland Serbia Jan-Sep 13 Chile Jan-Sep 14 Norway Thailand Other origins 11 December 2014 Imports of selected PIG products 6.000 in Tonnes (product weight) 4.500 3.000 1.500 0 2009 | 2008 | 2007 | Jan Jan Jan 09 08 07 FRESH DG AGRI C3 2010 | Jan 10 FROZEN 2011 | Jan 11 FAT 2012 | Jan 12 2013 | Jan 13 2014 | Jan 14 OTHERS 11 December 2014 EU exports of selected PIG products: Trade figures (COMEXT – tonnes product weight) 2010 tonnes 2011 % tonnes 2012 % tonnes 2013 % tonnes Jan-Sep 14 % tonnes Compared to % Jan-Sep 13 China 207.352 7,9% 393.819 12,6% 586.441 19,1% 665.495 21,5% 500.778 23,6% Hong Kong 426.697 16,2% 539.363 17,2% 381.069 12,4% 387.126 12,5% 295.337 13,9% + 4% Japan 223.637 8,5% 231.282 7,4% 230.792 7,5% 231.601 7,5% 253.788 12,0% + 50% 89.407 3,4% 96.880 3,1% 73.412 2,4% 101.167 3,3% 147.301 6,9% + 94% South Korea 100.790 3,8% 193.909 6,2% 137.220 4,5% 103.055 3,3% 134.331 6,3% + 92% Ukraine 137.736 5,2% 113.962 3,6% 161.599 5,3% 122.679 4,0% 74.896 3,5% - 22% 58.736 2,2% 59.548 1,9% 60.824 2,0% 60.260 1,9% 63.940 3,0% + 43% 747.233 24,1% Philippines USA Russia 59.907 2,8% - 89% Angola 44.399 1,7% 61.559 2,0% 59.210 1,9% 61.273 2,0% 49.108 2,3% + 10% Serbia 11.169 0,4% 13.096 0,4% 25.310 0,8% 32.140 1,0% 46.270 2,2% + 116% Australia 50.373 1,9% 44.340 1,4% 47.270 1,5% 44.509 1,4% 45.188 2,1% + 32% Belarus 80.331 3,1% 103.830 3,3% 123.229 4,0% 87.585 2,8% 4.685 0,2% - 93% Other Extra EU28 808.663 30,8% 388.330 14,8% 2.627.621 % change DG AGRI C3 847.498 27,0% 434.485 14,5% 745.014 24,2% + 1% 441.067 13,7% 456.762 14,4% 444.982 21,0% 3.133.570 3.072.457 3.100.884 2.120.510 + 19% - 2% + 1% - 7,3% 11 December 2014 EU exports of selected PIG products Trade figures (COMEXT – tonnes product weight) EU-28 EXPORTS of PIG Meat (Tonnes prod. weight) 2.283.962 EU-28 EXPORTS of PIG Meat (1000 EUR) Tons (pw) . 2.500.000 2.286.422 4.490.309 in 1,000 EUR . 5.000.000 4.454.147 4.051.368 2.120.510 4.000.000 2.000.000 1.254.979 1.191.216 4.500.000 3.500.000 788.977 2.570.103 2.537.315 1.678.333 1.500.000 3.000.000 2.500.000 147.301 55.305 171.990 280.679 75.764 169.608 253.788 283.665 295.337 413.553 496.148 Jan-Sep 12 Jan-Sep 13 500.000 500.778 535.950 0 China Hong Kong Japan DG AGRI C3 Philippines 91.577 69.044 Jan-Sep 14 South Korea Other destinations 2.000.000 153.565 1.000.000 1.500.000 1.000.000 384.185 408.135 633.760 600.790 500.000 0 Jan-Sep 12 China Hong Kong Jan-Sep 13 Japan Philippines Jan-Sep 14 South Korea Other destinations 11 December 2014 in Tonnes (product weight) Exports of selected PIG products 350.000 300.000 250.000 200.000 150.000 100.000 50.000 0 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jan 13 Jan 14 FRESH DG AGRI C3 FROZEN FAT LIVE ANIMALS OTHERS 11 December 2014