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On December 30, 2024, the Ministry of Trade and Integration announced the first stage of 2025 meat and poultry quotas by HS code for historic suppliers (i.e., importers). The first stage approved the distribution of 2,835 tons of beef and 31,500 tons of poultry.
Both EU beef and pork production, as well as exports, are forecast to temporarily increase this year. Beef production will increase because of high carcass and beef prices combined with an overall dim outlook for the sector, incentivizing farmers to slaughter their cattle.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
While EU beef production is forecast to further decline in 2024 due to a structural unprofitability of the sector and mounting environmental regulations, the EU pork supply is projected to rebound in 2024.
On December 8, 2023, the European Food Safety Authority (EFSA) launched two calls for evidence to collect data and information to support EFSA’s risk assessments to deliver scientific opinions on the welfare of beef cattle and turkeys on farm.
On December 29, 2023, the Ministry of Trade and Integration announced the first stage of 2024 meat and poultry quotas by HS code for historic suppliers (i.e., importers). The first stage approved the distribution of 2,835 tons of beef and 31,500 tons of poultry.
Both EU beef and pork production are trending down to record lows in 2023 and 2024.
On April 13, 2023, the Ministry of Trade and Integration announced the second stage of 2023 meat and poultry quotas by HS code for historic suppliers (i.e., importers).
The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.
High feed and energy prices and environmental restrictions are pressuring both cattle and swine farmers in the European Union (EU), leading to a reduction in operations.
U.S. beef exports under the EU High Quality Beef (HQB) quota increased by over 2,000 metric tons (MT) in 2022, to 13,438 MT. The quota usage rate increased to 52.9 percent, up from 50.1 percent in 2021, despite an increase in the quota from 23,000 MT in 2021 to 25,400 MT in 2022.
On December 29, 2022, the Ministry of Trade and Integration announced the first stage of 2023 meat and poultry quotas by HS code for historic suppliers (i.e., importers). The first stage approved the distribution of 2,835 tons of beef and 31,500 tons of poultry.